FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight For The Consumer
A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the ...
Widlitz: Tapestry should thank the FTC for getting the company out of the Capri Holdings deal
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of ...
Capri Sinks After FTC Wins Halt to $8.5 Billion Tapestry Tie-Up
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily ...
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers ...
Retail Dive4d
Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
U.S. judge blocks Tapestry-Capri merger in victory for FTC
Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...
Newsday5d
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
NEW YORK — A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S ...
Business Insider4d
Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
The FTC added that the deal would impact the companies' incentives "to compete for employees and could negatively affect employees' wages and workplace benefits." Tapestry and Capri said in an ...