Consumer Goods U.S. Sues to Block $8.5B Union of Coach, Michael KorsAntitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector. April 23, 2024
Strategic Buyers Tapestry’s $8.5B Capri Deal Reportedly Faces Planned FTC LawsuitIf successful, the suit could scuttle the creation of a U.S.-based luxury conglomerate that aims to compete with big European fashion companies. April 17, 2024
Consumer Goods Coach Owner to Buy Michael Kors Parent in $8.5 Billion DealTapestry’s acquisition of Capri is an attempt to try to compete more effectively against luxury’s top players, particularly in handbags and shoes. August 10, 2023
Retail Michael Kors steps out with Jimmy Choo DealThe purchase follows Coach's acquisitions of Kate Spade and Stuart Weitzman. July 25, 2017