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Federal judge blocks luxury brand merger between Tapestry and Capri
A federal judge issued a ruling blocking the pending merger of luxury fashion brands Tapestry and Capri on the grounds it would undercut competition in the handbag market.
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.
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
Morning Movers: Capri sinks after judge blocks planned takeover by Tapestry
Check out this morning’s top movers from around Wall Street, compiled by The Fly. UP AFTER EARNINGS – Newell Brands (NWL) up
Capri tumbles 46% after US court blocks $8.5 bln merger with Tapestry
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent Tapestry TPR.N, hurting the Michael Kors owner's chances of navigating challenges at the luxury brand.
Capri Stock Tumbles After Tapestry Deal Is Blocked
A federal court 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, Michael Kors, Versace and Jimmy Choo.
Capri tumbles 46% after US court blocks $8.5 billion merger with Tapestry
24/7 Wall St. on MSN
4d
These Are the Brands That Best Exemplify Quiet Luxury
The term “quiet luxury” has only been around since 2023. It is defined as “a lifestyle characterized by understated elegance.
4d
on MSN
The NFL's $1,000 branded designer jackets are the latest sign of fashion's newfound love affair with sports
As luxury fashion brands see their pandemic boom fade, some are looking to boost their exposure by collaborating with sports ...
3d
on MSN
Luxury retail brands make unusual moves to get back to business
Despite many luxury companies experiencing an all-time low, some brands are prevailing by adopting unexpected strategies.
2d
on MSN
How Diotima Fashion Designer Rachel Scott Is Building a ‘Sultry Haven for the Modern Woman’
Ahead of the CFDA Fashion Awards, where she's up for Womenswear Designer of the Year, the Jamaican American designer talks ...
2d
How Two Sisters From Texas Bootstrapped A Luxury Cowboy Boot Brand, Miron Crosby
Sisters Lizzie Means Duplantis and Sarah Means found white space in the market for fashion-forward luxury cowboy boots, ...
The Hollywood Reporter
1d
The Best Women’s Designer Belts to Wear This Fall From Hollywood-Loved Labels
As one of the best
women
’s
designer
belts we’ve found ... and Salma Hayek are among the stars who’ve toted the
luxury
brand
’s accessories). This buttery-soft leather belt lets you wrap ...
10d
on MSN
Black fashion brands: Style, innovation, and impact
From high-end luxury to streetwear, Black fashion brands are changing the game, one garment at a time. Like in other […] ...
1d
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 ...
1d
Voting Is Always in Style: 8 Election Brand Collaborations to Shop Before Heading to the Polls
From La Ligne to Lingua Franca to Nili Lotan, discover the designer brand collaborations looking to rally voters ahead of the ...
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