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 ...
Billboard on MSN9h
Aespa's Ningning Kicks Off Versace Holiday 2024 Campaign: ‘Fashion & Music Are Interconnected'
Through music we can show what's in our heart and express our style," Ningning says in the campaign which takes viewers behind the scenes of her photo shoot for Versace's holiday collection ...
A Judge Just Blocked the $8.5 Billion Merger of Coach and Versace’s Parent Companies
A judge just blocked the $8.5 billion merger between Tapestry and Capri Holdings. The former owns brands like Coach; the ...
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 ...
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Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
Versace's parent company, Capri Holdings ... its case that the merger would "substantially lessen competition in the market ...
Ariana Grande’s Quiet Luxury Look Included A $2,000 Bag
Ariana Grande donned one of her most elegant 'Wicked' press tour looks to date for a special Oct. 28 screening, which ...
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 ...
US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri
A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a ...
The Associated Press on MSN12d
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
Capri owns the Versace, Michael Kors and Jimmy Choo brands. Specifically, Tapestry's Coach and Kate Spade brands and Capri's Michael Kors brand are close rivals in the handbag market. The FTC had said ...
The Associated Press - Business News on MSN9d
Tapestry, Capri file notice to appeal court decision blocking their $8.5 billion merger
Tapestry and Capri Holdings have filed their notice to jointly appeal the decision by a U.S. District judge to temporarily ...
Two major fashion handbag brands were just dealt a big blow by the U.S. government
These two U.S. companies own some of the most popular luxury fashion brands in the industry. Tapestry owns renowned brands ...
Business Insider13d
Versace's parent company stock plunged 45% after an affordable-luxury deal was blocked in court
Versace's parent company ... would "substantially lessen competition in the market for accessible-luxury handbags." Rochon ruled in favor of the FTC's stance, writing in her ruling that the ...