JD Supra36m
FTC Blocks Tapestry/Capri ‘Affordable Luxury’ Deal, but Court Applies Traditional Horizontal Merger Analysis
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...
What Everyone Gets Wrong About Luxury Handbags
The scuttled merger between the owners of Coach and Michael Kors tells us the FTC doesn’t understand “accessible luxury.” ...
Capri-Tapestry Merger Blocked. What Should Investors Do With the Stocks?
Both Capri's Michael Kors brand and Tapestry's Coach brand, meanwhile, are typically viewed as accessible luxury brands. On ...
JD Supra5d
Court Grants Injunction to Pause Handbag Merger
On Thursday, October 24, 2024, a New York federal judge granted the Federal Trade Commission’s request for a preliminary injunction to halt the ...
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily ...