Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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Michael Kors Parent Craters On Blocked Merger With Tapestry
Shares of Michael Kors parent Capri unraveled early Friday after a judge blocked its $8.5 billion merger with Coach owner Tapestry.
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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Michael Dahlstrom
Michael Dahlstrom is a journalist and documentarian at Yahoo News Australia specialising in wildlife and environment. Send tips to michael.dahlstrom@yahooinc.com ...