coach michael kors news

Michael Kors, Coach

Merger between makers of Coach and Michael Kors handbags halted by judge

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 Judge Jennifer Rochon noted that Tapestry Inc.

New York Post · 10m

Michael Kors owner’s stock craters after judge blocks $8.5B merger of top US handbag makers

FTC sued to block the deal in April, saying it would eliminate “direct head-to-head competition” between the top two US handbag makers.

The Wall Street Journal on MSN · 8h

Coach-Michael Kors Deal Blocked by Judge

A federal court sides with the FTC, which argued that a Tapestry-Capri merger would raise prices for handbags.

15m

With Tapestry Deal Unraveling, Michael Kors's Owner Is Left Holding the Bag

A judge has blocked Coach owner Tapestry from buying rival Capri, endorsing the Federal Trade Commission’s competition ...

12h

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 ...

4hon MSN

Tesla shares take a break from soaring as investors punish Michael Kors-owner for court loss

China markets rose slightly while Japan's sagged before its Sunday elections. The biggest action was in the U.S. where Tesla ...

17mon MSN

Stock market today: Wall Street opens higher but is still headed for a rare losing week

Stocks are opening higher on Wall Street but are still on track to log their first losing week since early September. The S&P 500 rose 0.5% in early trading Friday. The Dow Jones Industrial Average ...

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