Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
A federal judge on Thursday blocked the pending merger of Tapestry and Capri on the grounds that ... pressures from both lower- and higher-priced products and continue to believe this transaction ...
The Federal Trade Commission won its lawsuit to block the planned merger between Tapestry Inc. and Capri Holdings ... from both lower- and higher-priced products and continue to believe this ...
Merger of Handbag Makers Tapestry, Capri Halted as Judge Sides With FTC ... "We face competitive pressures from both lower- and higher-priced products and continue to believe this transaction ...
"We face competitive pressures from both lower- and higher-priced products and continue to believe this transaction is ...
Tapestry argued consumers would be better off if it merged with Capri because it would allow them to keep up with trends faster, offer better products and reach more customers. "Today's decision ...