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Michael Kors, Coach
Coach-Michael Kors Deal Blocked by Judge
A federal judge blocked Tapestry from closing its acquisition of rival Capri, dealing a blow to their ambitions to create a house of brands that would include Coach, Kate Spade, Michael Kors, Versace and Jimmy Choo.
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.
Makers of Coach and Michael Kors handbags blocked from merger in antitrust case
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are "close competitors" and that the merger would result in "the loss of head-to-head competition" and raise prices for shoppers. The decision followed seven days of testimony.
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Macy's Is Selling an 'Amazing' Michael Kors Shoulder Bag for Nearly 40% Off, and It Comes in 3 Stunning Colors
If you search for a good sale, like we often do, then you can find luxury styles at a discount. For example, Macy's is ...
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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 ...
3d
on 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 ...
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