JD Supra10h
FTC Blocks Tapestry/Capri ‘Affordable Luxury’ Deal, but Court Applies Traditional Horizontal Merger Analysis
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...
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 ...
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 ...
GlobalData on MSN7d
Tapestry, Capri appeal FTC’s injunction, arguing merger’s competitive benefits
Luxury conglomerate Tapestry, Inc., parent company to luxury brands Coach, Kate Spade, and Stuart Weitzman, has announced its ...
Yahoo Finance12d
What Next After FTC Blocks Tapestry’s $8.5B Acquisition of Capri?
Shares of Capri dropped 47.1 percent to $22 in after-hours trading ... who has a long list of designer clients. “The FTC ...
The Associated Press - Business News on MSN7d
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 ...
devdiscourse11d
Blockbuster Handbag Merger Blocked: FTC's Victory Against Tapestry-Capri Deal
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, ...
JD Supra4d
Old-Fashioned Approach Still Wins It for the FTC in Luxury Goods Merger Challenge
On October 24, 2024, to the surprise of many legal observers and fashion industry executives, the Federal Trade Commission (FTC) secured a ...
Capri-Tapestry Merger Blocked. What Should Investors Do With the Stocks?
Both Capri's Michael Kors brand and Tapestry's Coach brand, meanwhile, are typically viewed as accessible luxury brands. On ...
Tapestry-Capri merger blocked by judge in FTC antitrust case
A judge ruled in favor of the Federal Trade Commission's (FTC) antitrust case against Tapestry (TPR) and Capri Holdings (CPRI ...
The Associated Press on MSN11d
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.
Capri Holdings stock price is heading towards a 75% crash
Capri Holdings (CPRI) stock price has suffered a harsh reversal and is on track for the third consecutive week of decline after its acquisition bid failed. It dropped to a low of $19.45, its lowest ...