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Judge blocks $8.5B merger of luxe brands Coach, Michael Kors
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.
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.
Judge halts Coach-Michael Kors merger
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade Commission charged. And now a federa
Forbes
2h
FTC Blocks Tapestry-Capri Merger As Tapestry Vows To Fight Saying It’s ‘Pro-Consumer’
Judge Jennifer Rochon sided with the FTC in its allegations that Tapestry’s
Coach
and Kate Spade brands combined with Capri ...
19h
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 ...
1d
This Spacious Coach Bag Is the Epitome of Quiet Luxury — and I Wear It Every Day
One PS editor reviewed the Coach Times Square Tabby Shoulder Bag, which is a classic and versatile handbag that can fit all ...
Yahoo
2d
Bella Hadid Anoints the Next Soon-to-Be Viral Coach Bag
Coach
's recently-launched Brooklyn bag was the It-girl
handbag
of the summer—and that's entirely thanks to Bella Hadid.
thedeepdive
1h
Capri Holdings Stock Crashes 50% After Court Blocks $8.5 Billion Merger
A federal judge blocked the merger between (NYSE: CPRI), the parent company of Michael Kors, and Tapestry, Inc., the owner of ...
Retail Dive
2h
Tapestry and Capri merger blocked in win for FTC
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
8h
Capri Shares Tumble 46% After US Court Blocks $8.5 Billion Merger With Tapestry
(Reuters) - Shares of Michael Kors owner Capri slumped nearly 46% in premarket trading on Friday after a U.S. judge blocked ...
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Michael Kors
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