"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement ...
The Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace. ...
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace.
top"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace.
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace.
topfailed to block Microsoft's deal and Meta's acquisition, both of which closed last year.. . "With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry,"...
topfailed to block Microsoft's deal and Meta's acquisition, both of which closed last year.. . "With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu,...
top"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement.
top"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement.
top. The Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace
topfailed to block Microsoft's deal and Meta's acquisition, both of which closed last year.. . "With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement
top"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue
topShe added that Tapestry remained focused on closing the deal this year and was prepared to defend it in court.. . Capri said in a separate statement that it also disagreed with the F.T.C.'s move and planned to defend the deal in court
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue.
top... Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue.
topLiu said.. . A classic bag from Michael Kors, a Capri brand, like a Marilyn medium logo tote bag costs $228. Tapestry's similar Coach Willow tote bag costs $350
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue
topThe luxury market has experienced slower sales after benefiting from a pandemic boost from shoppers spending on handbags and other accessories. In February, Capri said its quarterly revenue had fallen 5.6 percent. That same month, Tapestry said it had delivered record revenue for the quarter after a strong holiday.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue
topSues to Block $8.5 Billion Fashion Merger. . The deal between Coach's owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace
topThe Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace
topLiu said.. . A classic bag from Michael Kors, a Capri brand, like a Marilyn medium logo tote bag costs $228. Tapestry's similar Coach Willow tote bag costs $350.. . "It's quite clear to us that they don't understand how consumers shop today and they don't understand the dynamics...
top"Type in 'black tote,'you'll see thousands of choices and hundreds of brands at any price point," she said.
topThe luxury market has experienced slower sales after benefiting from a pandemic boost from shoppers spending on handbags and other accessories. In February, Capri said its quarterly revenue had fallen 5.6 percent. That same month, Tapestry said it had delivered record revenue for the quarter after a strong holiday.
topluxury group to compete with the European industry giants.. . The Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors...
topluxury group to compete with the European industry giants.. . The Federal Trade Commission on Monday sued to block Tapestry's $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace
top"With the goal to become a serial acquirer, Tapestry seeks to acquire Capri to further entrench its stronghold in the fashion industry," Henry Liu, director of the F.T.C.'s Bureau of Competition, said in a statement
top... conglomerate intended to compete with European powerhouses like Louis Vuitton's parent, LVMH, and Kering, the owner of Gucci. But it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue
tophas been scrutinizing the deal for months, even as regulators in the European Union and Japan approved it. Traders have increasingly bet against the likelihood of its going through: Shares of Capri have fallen 25 percent this year, while Tapestry's have gained 6 percent
tophas been scrutinizing the deal for months, even as regulators in the European Union and Japan approved it. Traders have increasingly bet against the likelihood of its going through: Shares of Capri have fallen 25 percent this year, while Tapestry's have gained...
tophas been scrutinizing the deal for months, even as regulators in the European Union and Japan approved it. Traders have increasingly bet against the likelihood of its going through: Shares of Capri have fallen 25 percent this year, while Tapestry's have gained 6 percent
top... Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue. LVMH had revenue of 86.2 billion euros, or about $92.2 billion, last year.. . The luxury market has experienced slower sales after benefiting from a pandemic boost from shoppers spending on handbags...
topIn February, Capri said its quarterly revenue had fallen 5.6 percent. That same month, Tapestry said it had delivered record revenue for the quarter after a strong holiday.
topBut it would pale in comparison by size: Based on 2023 figures, Capri, which owns Versace and Jimmy Choo in addition to Michael Kors, and Tapestry, the owner of Kate Spade and Stuart Weitzman as well as Coach, together have about $12 billion in revenue
top... the competition for affordable handbags, while hourly workers stand to lose the benefits of higher wages and more favorable workplace conditions," Mr. Liu said.. . A classic bag from Michael Kors, a Capri brand, like a Marilyn medium logo tote bag costs $228. Tapestry's similar Coach Willow tote bag costs $350