New York Post20d
Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers
Capri, the parent company of fashion brands Michael Kors and Jimmy Choo, saw its stock tank nearly 50% on Friday after a federal judge blocked its pending $8.5 billion merger with Coach owner ...
CBS News21d
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
A U.S. District judge has halted the merger between the makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers. In her ruling Thursday, U.S. District ...
New York Post21d
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
A US judge blocked the pending $8.5 billion merger of handbag and accessories maker Tapestry and Capri on Thursday, a victory for the Federal Trade Commission that is a likely death blow for ...
The Financial Times21d
Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Shares of Capri, the owner of fashion brands including Michael Kors, nearly halved on Friday after a US judge blocked its proposed $8.5bn deal with Tapestry, in a big win for antitrust regulators.
ABC News22d
Judge sides with FTC, blocking Kate Spade and Michael Kors merger
Michael Kors testified the merger would have revitalized his brand. A federal judge in New York on Thursday sided with the Federal Trade Commission, effectively blocking the $8.5 billion merger of ...