Coach is a popular brand among Chinese consumers and has room for growth. Bain estimates these consumers will make up about 40% of worldwide luxury good spending in 2030, up from 33% in 2019. Tapestry ...
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade ...
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close ...
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Michael Kors Parent Craters On Blocked Merger With Tapestry
Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted early Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The ...
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head ...
Capri shares slumped nearly 46% on Friday after a U.S. judge blocked its pending $8.5 billion merger with Coach parent ...
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked ...
A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...