The Federal Trade Commission filed a lawsuit Monday to block the $8.5 billion merger of luxury fashion conglomerates Tapestry and Capri ... FTC’s bureau of competition, said in a news release ...

The US Federal Trade Commission said on Monday it was suing to block Coach parent Tapestry ... on their deal in November. “Capri Holdings strongly disagrees with the FTC’s decision ...

April 22 (Reuters) - The U.S. Federal Trade Commission on Monday sued to block Coach parent ... But the FTC requested more information from the firms on their deal in November. "Capri Holdings ...

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE ... response to the Federal Trade Commission’s (FTC) attempt to block its proposed acquisition of Capri Holdings Limited (NYSE: CPRI), a global ...

In her order, Judge Jennifer Rochon granted the Federal Trade Commission's motion for a preliminary injunction to block the ... If either Tapestry or Capri walks away from the deal because it ...

The deal closed ... The FTC sued to block the acquisition in April 2024, arguing that the merger would "deprive millions of American consumers of the benefits of Tapestry and Capri's head-to ...

The US competition watchdog has sued to block fashion ... Commission (FTC) said if allowed, "the deal would eliminate direct head-to-head competition between Tapestry’s and Capri’s brands".

The FTC filed an administrative complaint in March, later bringing suit in U.S. District Court for the Northern District of Illinois to block the deal. It marked the regulator’s first attempt to ...