Tapestry Inc. (NYSE:TPR), the powerhouse behind Coach and Kate Spade, just pulled the plug on its $8.5 billion mega-merger with Capri Holdings (NYSE:CPRI), the owner of Michael Kors and Versace. Why?
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would combine popular fashion brands such as Coach ...
(“Tapestry”) from acquiring Capri Holdings Limited (“Capri”) (collectively, “Defendants”). The 169-page opinion continues the trend of lowering the bar for FTC merger challeng ...
This 1960 tapestry, two of an edition of seven, was produced by Ateliers Pinton, the tapestry and rug specialist founded in 1867 that has collaborated with many fine artists over the years.