Posted inCapri Holdings Ltd Fashion and Apparel Federal Trade Commission Luxury Goods and Services Mergers, Acquisitions and Divestitures Tapestry Inc
FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.