US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
WEB1 day ago · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in ...
Capri Stock Jumps as FTC Hearing Sparks Some Optimism on Tapestry …
WEB1 day ago · TPR. CPRI. The future of Tapestry’s Inc. $8.5 billion deal to buy Capri Holdings now rests in the hands of federal Judge Jennifer Rochon — and after closing arguments on Monday afternoon ...
FTC trial against Capri and Tapestry merger ends, judge’s …
WEB19 hours ago · A trial brought by the US Federal Trade Commission (FTC) against a potential merger of luxury goods giants Tapestry and Capri Holdings was brought to a close on Monday, with a federal judge's decision now being awaited. The FTC brought the antitrust case against the duo after Coach-owner Tapestry announced its intention to acquire competitor ...
The FTC's trial to block the Tapestry-Capri merger heads to …
WEB1 day ago · The high-end apparel sector will be on alert on Monday as the closing arguments take place in the FTC trial to block the merger of Tapestry (NYSE:TPR) and Capri Holdings (NYSE:CPRI). U.S. District ...
US anti-trust trial in Tapestry bid for Capri ends, judge's decision ...
WEB1 day ago · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in defending against claims that consumers would face higher prices. At the New York trial, the U.S. Federal Trade Commission sought to prove in its closing arguments that the deal to bring six brands ...
FTC Moves to Block Tapestry’s Acquisition of Capri
WEBApr 22, 2024 · The Federal Trade Commission today sued to block Tapestry, Inc.’s $8.5 billion acquisition of Capri Holdings Limited, a deal that seeks to combine three close competitors – Tapestry’s Coach and Kate Spade brands and Capri’s Michael Kors brand.
FTC vs. Tapestry Highlights Fashion’s Antitrust Future, Kors
WEBSep 19, 2024 · Seven days in court shined a bright light on both Tapestry and Capri and the industry's new regulatory realities, as well as a struggling Michael Kors.
Competitive dynamics in focus as US tries to stop Tapestry-Capri …
WEBSep 9, 2024 · The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's $8.5 billion merger with rival handbag maker Capri Holdings at a trial on Monday, arguing it will...
Tapestry, Inc./Capri Holdings Limited, In the Matter of (timeline …
WEBSep 25, 2024 · Lina M. Khan was sworn in as Chair of the Federal Trade Commission on June 15, 2021. Chair Lina M. Khan. Search Show/hide Search menu items. Enter Search Term(s): ... News and Events Show/hide News and Events menu items. News; Events; Features; Topics; ... Tapestry, Inc./Capri Holdings Limited, In the Matter of (timeline item) - September 23 ...
WEBMay 6, 2024 · Tapestry seeks to acquire Capri so that it can achieve its procompetitive goal of reinvigorating consumer perception of Michael Kors to increase demand, expand sales, and deliver Michael Kors (and Capri’s other brands) to more consumers.