By Bloomberg Published Apr 29, 2024 A judge set Sept. 9 as the start date for the court hearing on the US Federal Trade Commission’s bid to block Tapestry Inc.’s attempted takeover of rival Capri Holding Ltd. Michael Kors The preliminary injunction hearing will likely last a week and a half, the judge said. If … Read more
By Bloomberg Published Apr 17, 2024 US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to a person with knowledge of the matter. Coach – SS24 – © Launchmetrics The Federal Trade Commission is expected to file a lawsuit as soon … Read more
By Reuters API Published Apr 15, 2024 Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri Holdings has received regulatory clearance from the European Union and Japan, the companies said on Monday. The merger, which would bring top luxury labels such as Tapestry’s Kate Spade, Stuart Weitzman and Capri’s Jimmy Choo and … Read more
