FTC sues to block Coach parent Tapestry's acquisition of Capri Holdings
The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.
Stay updated with breaking news from Capri Versace. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.
The FTC argued the combination of Tapesty and Capri would hurt consumers and workers.
Shares of Capri are trading nearly 23 percent below the buyout price already agreed to with Tapestry as investors fret over antitrust reviews.
Shares of Capri are trading nearly 23 percent below the buyout price already agreed to with Tapestry as investors fret over antitrust reviews.
We expect the apparel retailer’s stock to trade lower post the fiscal Q2 release with revenues and earnings missing expectations.