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
After news that the FTC in the US wants to block Tapestry’s takeover of Capri Holdings on competition grounds, late on Monday both companies issued statements defending their plans. See catwalkVersace – Spring-Summer2024 – Womenswear – Italie – Milan – © Launchmetrics Tapestry, which owns Coach, Kate Spade and Stuart Weitzman, said: “There is no … 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
Tapestry Inc. announced on Thursday the appointment of Kevin Hourican and David Elkins to the fashion group’s board of directors, taking the total board count to eleven. See catwalkCoach – Fall-Winter2024 – 2025 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight Hourican currently serves as president and chief executive officer of Sysco Corporation, a role he … Read more
By Reuters Published Feb 9, 2024 Coach parent Tapestry raised its annual profit forecast on Thursday, betting on full-price sales of its premium handbags and early signs of a demand recovery in key market China. See catwalkCoach – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics Tapestry’s shares closed 6.5% higher after … Read more
Translated by Nicola Mira Published Jan 9, 2024 The Fall/Winter 2024-25 season is kicking off on Tuesday January 9, opening with a week of men’s fashion in Italy. The first stop is in Florence for Pitti Uomo, the world’s leading menswear show, whose theme this year, ‘time’, is reflected in the ‘Pitti Time’ slogan. The … Read more
