A federal court sided with the FTC to block Tapestry acquiring Capri Holdings, in a move Tapestry claims is "incorrect on the ...
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...
SW Retail Advisors' Stacey Widlitz discusses the broader impact of the decision by a judge to block Tapestry's takeover of ...
Capri sells Michael Kors, Versace and Jimmy Choo. The FTC claimed the acquisition, particularly the combination of Coach, Kate Spade and Michael Kors, would hamstring competition. The two ...
The FTC's antitrust decision against Capri's merger with Tapestry has halved CPRI stock, highlighting new challenges for luxury brand acquisitions in the U.S. The FTC's narrow market definition ...
A U.S. judge has halted the merger between Tapestry and Capri, valued at $8.5 billion. The decision is a win for the FTC, ...
Shares of Capri dropped 47.1 percent to $22 in after ... who has a long list of designer clients. “The FTC claims Kate Spade, Coach and Michael Kors compete head to head in a market distinct ...
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...