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Tapestry wanted to buy Capri to create a US luxury giant that could compete better with larger European rivals by bringing brands Coach, Kate Spade, Versace, Jimmy Choo and Michael Kors under one roof

Capri shares tumble after US court blocks Tapestry deal

Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading today after a US judge blocked its pending $8.5 billion merger with handbag maker Tapestry.

Business • 25 Oct 24

Second quarter revenue rose 5.4% to $1.15 billion, marking the first increase in more than a year for Michael Kors

Michael Kors gets boost from Jimmy Choo deal

Fashion accessories maker Michael Kors Holdings lifted its annual revenue forecast, predicting its recent acquisition of upscale shoemaker Jimmy Choo will begin to pay off before the end of the fiscal year.

Business • 06 Nov 17

Michael Kors to buy luxury shoemaker Jimmy Choo

US retailer Michael Kors has agreed to buy luxury shoemaker Jimmy Choo for $1.2 billion (€1.03 billion), snapping up a British brand launched in the east end of London and made famous by celebrity fans including Princess Diana.

Business • 25 Jul 17

JAB Luxury holds 67.7% of Jimmy Choo, which trades from over 150 stores globally

Luxury retailer Jimmy Choo puts itself up for sale

British luxury retailer Jimmy Choo is seeking offers for the company as part of a review of its strategic options to maximise shareholder value.

Business • 24 Apr 17

Jimmy Choo reports adjusted core earnings of £51m for the year ended December

Asia helps Jimmy Choo outperform luxury market

British shoemaker Jimmy Choo said strong demand in Asia would help it grow faster than the overall luxury market this year, after it posted a 7.2% rise in underlying revenue in 2015.

Business • 22 Mar 16