Victory for FTC: Blocked $8.5 Billion Tapestry-Capri Merger
A U.S. judge blocked the $8.5 billion merger between Tapestry and Capri, siding with the FTC. The merger was deemed anti-competitive and potentially harmful to consumer prices. This decision is significant for the Biden administration and the handbag industry,
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a ...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, today reported that, consistent with the requirements of ...
After the market closed yesterday, Capri Holdings (CPRI), a judge ruled against the planned sale to Tapestry (TPR). In response, the stock plunged by over 50%, while TPR stock should gain at least 10% ...
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday, while ...
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Italy's Capri plans to restrict number of tourists on the islandThe much-visited Italian Mediterranean island of Capri plans to restrict the number of tourists arriving each day by cutting ...
In a report released yesterday, Ashley Helgans from Jefferies maintained a Hold rating on Capri Holdings (CPRI – Research Report), with a ...
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 ...
LONDON, October 24, 2024--(BUSINESS WIRE)--Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its second quarter fiscal 2025 financial results on Thursday, November 7, 2024, ...
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