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Judge Blocks Deal to Unite Coach and Michael Kors Brands
Coach and Michael Kors Deal Is Blocked by Judge
A federal judge blocked Tapestry’s acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Kate Spade, Michael Kors, Versace and Jimmy Choo.
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
A federal court judge has blocked the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors. The reasoning behind the judge's order wasn't immediately clear but the FTC had previously argued the merger would harm consumers,
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing market share.
Opinion
5m
Opinion
Tapestry Should Turn to Plan Burberry After Capri Deal Blocked
The maker of Coach handbags should consider buying British after a court stymied its attempt to buy the owner of the Michael ...
8h
US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent
A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including ...
10h
Judge Blocks Luxury Fashion Deal, Citing Risk of Higher Handbag Prices
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and ...
Fashion United
2h
US court blocks Coach owner's 8.5 billion dollar buyout of Versace parent
A US judge on Thursday blocked fashion group Tapestry's 8.5 billion dollar deal to buy Capri, which owns luxury brands ...
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