Tapestry Raises Annual Earnings Target on Robust Tabby Handbags Demand
Tapestry, whose pending $8.5 billion merger with Michael Kors parent Capri was blocked by a U.S. judge last month, now ...
JD Supra1d
Takeaways from the FTC’s Victory in the Tapestry/Capri “Accessible Luxury Handbags” Merger Challenge
Many observers viewed the FTC’s case challenging the Tapestry/Capri merger based on a relevant product market of “accessible luxury handbags” ...
Burberry's new CEO Schulman faces outlet store and pricing dilemmas
Schulman, the company's fourth CEO in 10 years, previously held the top job at Coach and at Michael Kors, and is expected to set out a new strategy for Burberry at half-year results on Nov 14 ...
JD Supra2d
FTC Blocks Tapestry/Capri ‘Affordable Luxury’ Deal, but Court Applies Traditional Horizontal Merger Analysis
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...
What Everyone Gets Wrong About Luxury Handbags
The scuttled merger between the owners of Coach and Michael Kors tells us the FTC doesn’t understand “accessible luxury.” ...