A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.
A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags. Spirit Airlines Agrees to Sell 23 Planes The airline said capacity fell 1.2% during the ...