A federal judge granted the FTC's motion to block the merger between Tapestry and Capri Holdings.
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Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach-owner Tapestry.
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 ...
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 ...
What's more, almost all of the products are classic designs, rather than flash-in-the-pan trending products which ...
Kalpraag recently launched its Naayab collection to bring affordable luxury to the Indian ethnic wear market. This launch is an important milestone that illustrates the brand’s creative storytelling ...