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Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily halt the merger between the makers of Coach and
Michael Kors
handbags
, according to a court filing Monday NEW YORK -- Tapestry Inc ...
Tapestry/Capri Handbag Merger Temporarily Halted by S.D.N.Y.
On October 24, 2024, Judge Rochon of the U.S. District Court for the Southern District of New York granted the Federal Trade Commission’s (FTC)
US court blocks Capri-Tapestry $8.5bn merger
Global luxury fashion group Capri Holdings’ prospective $8.5bn merger with lifestyle brand Tapestry has been stalled by Jennifer Rochon, a US district judge. The merger has been halted, citing concerns of reducing competition in the luxury handbag market,
7d
on MSN
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 ...
6d
on MSN
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
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 ...
6d
on MSN
Coach-Michael Kors Deal Blocked by Judge
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a ...
6d
on MSN
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US ...
9d
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 ...
Us Weekly
6d
12 Deals to Shop During the Michael Kors Head Start Holiday Sale — Up to 60% Off
Michael Kors is known for creating versatile, timeless handbags — we rounded up 12 deals to shop during its head start ...
7d
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 ...
JD Supra
15h
Old-Fashioned Approach Still Wins It for the FTC in Luxury Goods Merger Challenge
On October 24, 2024, to the surprise of many legal observers and fashion industry executives, the Federal Trade Commission (FTC) secured a ...
7d
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 ...
7d
on MSN
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 ...
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