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1 day ago · NEW YORK, Sept 30 (Reuters) - The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry (TPR.N) to buy Capri (CPRI.N) concluded on Monday, with Tapestry lawyers citing an ...
1 day ago · The U.S. anti-trust trial over the $8.5 billion bid by luxury goods maker Tapestry to buy Capri concluded on Monday, with Tapestry lawyers citing an "intensely competitive" handbag market in defending against claims that consumers would face higher prices. At the New York trial, the U.S. Federal Trade Commission sought to prove in its closing arguments that the deal to bring six brands ...
2 days ago · Luxury. Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial. US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal ...
1 day ago · The high-end apparel sector will be on alert on Monday as the closing arguments take place in the FTC trial to block the merger of Tapestry (NYSE:TPR) and Capri Holdings (NYSE:CPRI). U.S. District ...
Sep 9, 2024 · Tapestry Inc.’s attempted $8.5 billion acquisition of Capri Holdings heads to a federal court trial on Monday after facing opposition. For those in the fashion industry, the outcome is set to be impactful.
Sep 16, 2024 · Business Strategy and Outlook. We believe Tapestry has a narrow moat based on the brand strength and pricing power of Coach (76% of fiscal 2024 revenue). The firm has turned Coach around through...
5 days ago · Tapestry-Capri Misses the Point in Luxury Fight. Shoppers might not get a raw deal if the companies combine, given the sector’s winner-takes-all competitiveness. September 27, 2024 at 5:15 AM ...
