The U.S. District Court for the Southern District of New York granted the U.S. Federal Trade Commission's motion for a ...
Tapestry agreed to buy Capri last year to create a U.S. luxury giant that could compete better with larger European rivals by ...
Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending ...
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
Decision comes as a win for the Biden administration ahead of the Nov 5 presidential election, in which rising consumer ...
NEW YORK - A US judge on Oct 24 blocked fashion group Tapestry’s US$8.5 billion (S$11.2 billion) deal to buy Capri, which ...
A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...
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 ...
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
Tapestry, which owns the Coach label, had reached an $8.5 billion deal to acquire Capri, a rival whose lines include Michael ...
Tapestry, the parent company of the U.S. fashion brand Coach, failed to acquire Capri Holdings, which has Michael Kors, for ...