Tapestry and Capri have mutually agreed to call off their merger. The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission. In October, ...

Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the transaction ...

The footwear brand, fronted by actor Sydney Sweeney, pictured, won over nostalgic consumers after relaunching styles from the ...