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Federal Trade Commission FTC

Tapestry quarterly profit beat Wall Street’s view despite sales dip

by Lionel Rogers
Tapestry quarterly profit beat Wall Street’s view despite sales dip

Tapestry Inc.’s shares rose on 15 August as the maker of handbags and clothing’s quarterly results beat Wall Street expectations amid continued weak consumer confidence and inflation fears. See catwalkCoach …

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Tapestry-Capri judge lets FTC use ‘accessible luxury’ market

by David Johnson
Tapestry-Capri judge lets FTC use ‘accessible luxury’ market

By Bloomberg Published May 14, 2024 The federal judge overseeing the Federal Trade Commission’s case to block Tapestry Inc.’s $8.5 billion takeover of rival Capri Holdings Ltd. rejected a bid …

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Tapestry-Capri deal to face Sept. 9 hearing, NY judge says

by Lionel Rogers
Tapestry-Capri deal to face Sept. 9 hearing, NY judge says

By Bloomberg Published Apr 29, 2024 A judge set Sept. 9 as the start date for the court hearing on the US Federal Trade Commission’s bid to block Tapestry Inc.’s …

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Tapestry-Capri and pricey purses are the wrong targets for trustbusters

by David Johnson
Tapestry-Capri and pricey purses are the wrong targets for trustbusters

By Bloomberg Published Apr 23, 2024 It’s handbags at dawn over Tapestry Inc.’s $8.5 billion takeover bid  for rival Capri Holdings Ltd.The US Federal Trade Commission on Monday filed suit to …

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US FTC sues to block $8.5 billion takeover of Capri by Tapestry

by David Johnson
US FTC sues to block .5 billion takeover of Capri by Tapestry

By Reuters API Published Apr 23, 2024 The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry’s $8.5 billion deal to buy Michael Kors owner Capri, saying it …

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FTC is preparing lawsuit to block Tapestry’s purchase of Capri

by Lionel Rogers
FTC is preparing lawsuit to block Tapestry’s purchase of Capri

By Bloomberg Published Apr 17, 2024 US antitrust enforcers are preparing a lawsuit seeking to block fashion company Tapestry Inc.’s $8.5 billion planned takeover of Capri Holdings Ltd., according to …

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Gildan hits out at activist investor as boardroom fight simmers

by Lionel Rogers
Gildan hits out at activist investor as boardroom fight simmers

By Bloomberg Published Jan 23, 2024 Clothing maker Gildan Activewear Inc. accused one of its largest shareholders of breaking US regulations when it accumulated a 5% stake as part of …

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Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal

by Lionel Rogers
Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal

By Bloomberg Published Jan 10, 2024 Bill Gross is sticking with his wager on Capri Holdings Ltd. even as traders worry that a proposed takeover of the Michael Kors parent …

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Coach-parent Tapestry bets on pricing to shield margins amid choppy demand

by Lionel Rogers
Coach-parent Tapestry bets on pricing to shield margins amid choppy demand

Tapestry, which is buying rival Capri, will lean on higher prices for its handbags and shoes to protect margins as the company lowered it annual sales forecast on Thursday due to …

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Amazon.com previews FTC defense at companywide meeting

by Lionel Rogers
Amazon.com previews FTC defense at companywide meeting

By Reuters API Published Nov 8, 2023 Amazon.com’s top lawyer on Tuesday previewed the broad outlines of the company’s possible defense against the U.S. Federal Trade Commission’s antitrust lawsuit against …

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