Capri Holdings (NYSE:CPRI) and Tapestry, Inc. (NYSE:TPR) have mutually agreed to end their $8.5B merger deal. “Capri and ...
The decision focused primarily on the definition of the “accessible luxury” handbag market, which the FTC said is a term Tapestry coined itself. “This is also a ‘by the book’ decision ...
The company — which owns Coach, Kate Spade and Stuart Weitzman — now expects revenue to grow 1 to 2 per cent, reaching over ...
Tapestry (TPR) and Capri (CPRI) contend that the FTC's market definition of "affordable luxury" is not a relevant market and ...
On October 24, 2024, the District Court for the Southern District of New York granted the Federal Trade Commission (“FTC”)’s request for a ...
Although holographic storage research dates back to the 1960s, the first commercial product did not debut until 2010 (see Tapestry ... never became popular. THIS DEFINITION IS FOR PERSONAL ...
Many observers viewed the FTC’s case challenging the Tapestry/Capri merger based on a relevant product market of “accessible luxury handbags” ...
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Capri and Tapestry said they intend to appeal the ... they weren't relevant enough to make our top 200 brands index, so by definition, this shocking block of the acquisition of CPRI makes zero ...
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The FTC's antitrust decision against Capri's merger with Tapestry has halved CPRI stock, highlighting new challenges for luxury brand acquisitions in the U.S. The FTC's narrow market definition ...
U.S. District Judge Jennifer Rochon’s opinion found management’s testimony in favor of the merger “not credible” and their argument against the FTC’s definition of “accessible luxury ...