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Judge blocks $8.5B merger of luxe brands Coach, Michael Kors
Merger between makers of Coach and Michael Kors handbags halted by judge
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc.
Coach and Michael Kors Deal Is 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.
Judge halts Coach-Michael Kors merger
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade Commission charged. And now a federa
17h
Judge Blocks Luxury Fashion Deal, Citing Risk of Higher Handbag Prices
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and ...
20h
US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a ...
7h
Capri tumbles 46% after US court blocks $8.5 billion merger with Tapestry
Tapestry agreed to buy Capri last year to create a U.S. luxury giant that could compete better with larger European rivals by ...
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