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Coach-Michael Kors Deal Blocked by Judge
A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.
US court blocks Tapestry's $8.5 billion acquisition of rival Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a victory for the U.S. Federal Trade Commission that is a likely death blow to the deal.
Capri Stock Sinks 50% as Judge Blocks Merger With Tapestry
The Federal Trade Commission filed a suit in April seeking to block the intended deal, arguing it would curb competition in the so-called accessible luxury market.
Judge blocks Tapestry’s acquisition of Capri
A federal judge on Thursday blocked Tapestry Inc.’s planned acquisition of Capri Holdings on Thursday, according to reports. The deal would have combined two of the handbag industry’s biggest players.
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors owner Capri
A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission's motion for a preliminary injuction to block the proposed merger,
Capri plunges after US judge blocks $8.5B merger deal with Tapestry
The $8.5 billion merger deal between US luxury groups Tapestry (NYSE:TPR) and Capri has been blocked by a US judge, in a win for federal regulators who have sued to keep the tie-up from moving forward earlier this year.
What Next After FTC Blocks Tapestry's $8.5B Acquisition of Capri?
The government's court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same corporate umbrella.
30m
on MSN
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 ...
14h
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 ...
13h
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 ...
16h
on MSN
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 the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District Judge ...
1d
This Spacious Coach Bag Is the Epitome of Quiet Luxury — and I Wear It Every Day
One PS editor reviewed the Coach Times Square Tabby Shoulder Bag, which is a classic and versatile handbag that can fit all ...
purewow
2h
Gen Z Is Bringing Back This Maximalist ‘90s Accessory & as a Millennial, I Couldn't Be Happier
Coach didn’t hold back in showing off their NYC pride. During their Fall/Winter 2024 show, models and guests showed off ...
16h
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 ...
Yahoo
1d
Bella Hadid Anoints the Next Soon-to-Be Viral Coach Bag
Coach
's recently-launched Brooklyn bag was the It-girl
handbag
of the summer—and that's entirely thanks to Bella Hadid.
17h
on MSN
Bella Hadid's Perfect Fall Outfit Features a $350 Coachtopia Bag
The supermodel was recently spotted in Los Angeles wearing Coachtopia's Alter/Ego Hobo Bag slung over her shoulder, styled ...
2h
Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked ...
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