US court blocks Tapestry's $8.5 billion acquisition of rival Capri
A U.S. judge blocked the pending $8.5 billion merger of U.S. handbag and accessories maker Tapestry and Capri on Thursday, a ...
Stock of Michael Kors owner Capri dives after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
Capri stock craters nearly 50% after judge blocks $8.5 billion Tapestry deal
Shares of Capri Holdings plunged after a US judge blocked its pending $8.5 billion merger with Coach-owner Tapestry.
Pittsburgh-area woman warns of fake celebrity endorsements after falling for online ad
A West Mifflin woman said she feels duped after falling for a convincing weight loss gummy ad created by scammers using AI.
Rossen Reports: Top brands targeted by scammers
Scammers are increasingly impersonating major companies like PayPal, Amazon and Best Buy's Geek Squad to trick consumers into ...
Judge blocks $8.5B merger of luxe brands Coach, Michael Kors in shock setback
The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing ...
Courthouse News Service2h
Fashion merger blocked
The FTC successfully secured an injunction that halts the merger of a British Virgin Islands fashion holdings company with ...
Merger of handbag makers Tapestry, Capri halted as judge sides with FTC in antitrust case
A U.S. District judge has halted the merger between makers of Coach and Michael Kors handbags, saying it would reduce competition and hurt consumers.
JD Supra3h
FTC Appeals Injunction Against Final Rule Banning Non-Compete Employment Agreements
Last Friday, the Federal Trade Commission (“FTC”) gave notice to appeal Judge Brown’s nationwide bar on the FTC’s final rule creating a ...
Big Cable and others file multiple lawsuits to block the FTC's Click-to-Cancel regulation
Telecom, advertising, and newspaper lobbying groups have filed multiple lawsuits to block the Federal Trade Commission's ...
Judge sides with FTC, blocking Kate Spade and Michael Kors merger
A federal judge has sided with the Federal Trade Commission, effectively blocking a merger of the company behind Kate Spade ...
Capri's Stock Plunges as Tapestry Shares Rise After Judge Blocks $8.5 Billion Deal
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday, while Tapestry ...