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Stock of Michael Kors owner Capri dives
Merger between makers of Coach and Michael Kors handbags halted by judge
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.
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 handbag makers.
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 regulators that the deal would hurt competition in the handbag industry.
Opinion
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Opinion
Tapestry Should Turn to Plan Burberry After Capri Deal Blocked
The maker of Coach handbags should consider buying British after a court stymied its attempt to buy the owner of the Michael ...
1d
12 Deals to Shop During the Michael Kors Holiday Head Start Sale — Up to 60% Off
For some reason, fall and winter call for reinvention — especially when it comes to your wardrobe. Whether you're looking for ...
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How to Be a Maker of Positive Change, According to CFDA Honoree Michael Kors
On Monday night, Michael Kors will take the stage at the American Museum of Natural History to receive a much-deserved prize.
2d
on MSN
Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss
China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla ...
2d
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 ...
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