FTC Looks to Block Tapestry’s $8.5 Billion Acquisition of Capri Holdings
Retail TouchPoints
APRIL 23, 2024
Saying that Tapestry ’s planned purchase of Capri Holdings would eliminate head-to-head competition in the “accessible luxury” handbag market, the Federal Trade Commission (FTC) has authorized a lawsuit to block the $8.5 billion deal.
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