On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings ... “good-quality” products sold at affordable prices.

Additionally, Tapestry is focused on shareholder returns, prioritizing dividend growth and potential share buybacks if the acquisition of Capri Holdings ... of coach brand products to customers ...

Acquisition of Capri Holdings (NYSE ... If consumer sentiment continues to deteriorate, Tapestry could experience reduced demand for its luxury products, potentially leading to lower sales volumes ...

NEW YORK, Oct 24 (Reuters) - A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry (TPR.N), opens new tab and Capri (CPRI.N), opens new tab on ...

“The blocking of Tapestry’s acquisition of Capri is absurd ... For context, Americans spent $45 billion on luggage and similar products (i.e. handbags) last year, according to the Bureau ...

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 ...

U.S. News // 7 hours ago Labor board rules Amazon can't require employees to attend anti-union meetings The National Labor Relations Board has ruled it is illegal to force union-backing employees to ...

In response to the US District Court’s approval of the Federal Trade Commission's (FTC) preliminary injunction against its acquisition of Capri Holdings, Tapestry expressed disappointment ...

“We face competitive pressures from both lower- and higher-priced products and continue to believe this transaction is pro-competitive and pro-consumer,” Tapestry stated. Both Tapestry and Capri have ...

In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are ... from both lower- and higher-priced products and continue to believe this transaction ...