A federal judge blocked the planned $8.5 billion acquisition by Tapestry Inc., maker of Coach and Kate Spade handbags, of ...

A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers.

The government's court victory threatens the deal, which was set to put Michael Kors, Coach and Kate Spade under the same ...

A U.S. judge has blocked the planned $8.5 billion merger between handbag giants Tapestry and Capri, marking a win for the FTC ...

A U.S. judge has halted the merger between Tapestry and Capri, valued at $8.5 billion. The decision is a win for the FTC, ...

Judge Jennifer Rochon of the U.S. District Court of the Southern District of New York granted the Federal Trade Commission’s motion to ...

"While admittedly we leave upside on the table if the deal is approved by the judge (takeout price is $57), we still believe there is a chance that the FTC wins the lawsuit," Boruchow wrote.

The future of Tapestry’s Inc. $8.5 billion deal to buy Capri Holdings now rests in the hands of federal Judge Jennifer Rochon — and after closing arguments on Monday afternoon, investors are ...

While the FTC relied on an expert witness, economist Loren Smith, to evaluate the market, lawyers for Tapestry poked holes in the financial modeling and methodology used to define the market.

Tapestry and Capri made the case that the handbag market is simply too competitive for that to happen. Abby Dennis presented the FTC’s closing arguments and pointed again to how the 4 million ...

The acquisition is expected to create synergies and strengthen Tapestry's position in the global luxury fashion industry. However, the deal still faces scrutiny in the United States, with an ongoing ...