The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
The Associated Press - Business News on MSN6d
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion mergerTapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily ...
The Federal Trade Commission (FTC) prevailed in the first round of its much-criticized challenge to Tapestry Inc.'s acquisition of Capri ...
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a ...
The Associated Press on MSN10d
Makers of Coach and Michael Kors handbags blocked from merger in antitrust casesaying that the deal would eliminate direct competition between the fashion companies' brands like Coach and Michael Kors in the so-called affordable luxury handbag arena. The agency also said that ...
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.
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Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in courtRochon wrote that the FTC argued in its case that the merger would "substantially lessen competition in the market for ...
Bottles of generic hand soap typically cost less than $2 a bottle. But many are splurging on luxury versions that cost ...
On Thursday, October 24, 2024, a New York federal judge granted the Federal Trade Commission’s request for a preliminary injunction to halt the ...
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