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FTC Moves To Block $8.5B Designer Fashion Deal

Law 360 M&A

billion deal for Coach and Kate Spade parent company Tapestry Inc. to purchase Capri Holdings Ltd., owner of designer brands Michael Kors and Jimmy Choo. The Federal Trade Commission moved on Monday to block a planned $8.5

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FTC Probing Coach, Jimmy Choo Parents' $8.5B Merger Plans

Law 360 M&A

the parent company of Coach Inc. and Kate Spade, and Capri Holdings Ltd., owner of designer brands Michael Kors and Jimmy Choo, revealed in separate U.S. Tapestry Inc., Securities and Exchange Commission filings on Monday that the Federal Trade Commission is probing their planned $8.5 billion merger.

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Tapestry and Capri Announce a Luxury Mega Merger

NYT M&A

The two fashion conglomerates, Tapestry and Capri Holdings, generate about $12 billion in combined revenue.