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Judge blocks $8.5B merger of luxe brands Coach, Michael Kors
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 market share.
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 competition" and raise prices for shoppers. The decision followed seven days of testimony.
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC 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 Judge Jennifer Rochon noted that Tapestry Inc.
1d
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 ...
48m
Hundreds wait in line to be among the first inside viral brand Baggu's new Wicker Park store
Embedded in a line where bejeweled teeth, nose rings and belly button studs gleamed in the late-morning sun stood Dan ...
Her Zindagi Hindi
6d
Best Handbag Brands In India (October 2024): Carry Dignity And Grace With The Best Shoulder Bags
Every woman has a purse with her whenever she leaves the house. Additionally, these leading handbag brands will add some ...
2d
Why the Travelpro Altitude Medium Backpack is my new go-to for work and travel
Travelpro’s Altitude line of backpacks works just as well on your daily commute as at the airport. Here’s why it’s one travel ...
SB Nation on MSN
4h
Sergio’s Grab Bag: Bamboozled
That was the type of game that is hard to really take a lot of conclusions. The tactics were wrong, the players played poorly ...
The Sports Rush
3d
What Bag Does Toto Wolff Carry? Price and Brand of Mercedes Boss’ Decade-Old Bag Revealed
Details of the decade old bag used by Toto Wolff which has intrigued the fans for a long time are finally revealed by Kym ...
5h
on MSN
Jimmy John’s launches ‘Picklewich’ with giant pickle slices instead of bread
Jimmy John’s has launched a new sandwich, which features giant slices of pickles instead of bread. On October 24, the beloved ...
23h
US court blocks Tapestry's $8.5 billion acquisition of rival 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 ...
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