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.
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.
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.
Judge sides with FTC, blocking Kate Spade and Michael Kors merger
A federal judge has sided with the Federal Trade Commission, effectively blocking a merger of the company behind Kate Spade with the company that controls Michael Kors.
Coach and Michael Kors Deal Is Blocked by Judge
A federal judge blocked Tapestry’s 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.
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 its pending $8.5 billion merger with handbag maker Tapestry.
Capri shares tumble 46% after US court blocks $8.5 bln merger with Tapestry
Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked its pending $8.5 billion merger with handbag maker Tapestry .
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The reasoning behind the judge's order wasn't immediately clear but the FTC had previously argued the merger would harm consumers,
Michael Kors is selling a stunning crossbody bag that's the 'perfect size' for under $100 — plus more deals on bags & more
Shoppers love that the Emilia Small Pebbled Leather Satchel is both cute, practical and made of quality material. They say it ...
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 ...
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 ...
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Walmart is having a deal on Michael Kors handbags for as low as $60
Walmart is having a huge deal on the Michael Kors Jet Set Large East West Crossbody Handbag for less than $60. Like most deals at Walmart, this deal won’t last forever so you’ll want to score ...