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Coach, Michael Kors
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing market share.
Coach-Michael Kors Deal Blocked by Judge
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Kate Spade, Michael Kors, Versace and Jimmy Choo.
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head competition" and raise prices for shoppers. The decision followed seven days of testimony.
Post and Courier
2d
$1B EV writedown dents Ford's bottom line; Coach, Kors parents appeal legal ruling
NEW YORK — Tapestry Inc. and Capri Holdings Ltd. have filed their notice to jointly appeal the decision by a judge to ...
1d
on MSN
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 ...
4d
With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag
A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...
1d
on MSN
Kamala Harris’ Stepdaughter Ella Emhoff Marries Coach’s Marbled Knits With Voluminous Plaid Skirt for 2024 CFDA Fashion Awards Red Carpet
Ella Emhoff, the second daughter of the United States, wore a camisole top by Coach to the 2024 CFDA Fashion Awards on Monday ...
Opinion
4d
Opinion
Tapestry Should Turn to Plan Burberry After Capri Deal Blocked
The maker of Coach handbags should consider buying British after a court stymied its attempt to buy the owner of the Michael ...
4d
on MSN
Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss
China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla ...
1d
on MSN
Blake Lively Marries Modern Edge With Classic Design in Michael Kors for 2024 CFDA Awards Red Carpet
Blake Lively made a return to the 2024 CFDA Awards on Monday, held at the American Museum of Natural History in New York City ...
Fashion United
4d
US court blocks Coach owner's 8.5 billion dollar buyout of Versace parent
A US judge on Thursday blocked fashion group Tapestry's 8.5 billion dollar deal to buy Capri, which owns luxury brands ...
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