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Agenda-setting intelligence, analysis and advice for the global fashion community.

Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial

US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal’s outcome.
By putting Coach, Michael Kors, Versace and other brands under one roof, the combined company of Tapestry and Capri instantly vaults to the top of US fashion groups.
By putting Coach, Michael Kors, Versace and other brands under one roof, the combined company of Tapestry and Capri would instantly vault to the top of US fashion groups. (Courtesy, Spotlight/Launchmetrics.com)

US antitrust enforcers’ legal battle to kill an $8.5 billion deal marrying

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Further Reading

The Coach-Michael Kors Deal Has Its Day in Court

Hours before its runway show during New York Fashion Week on Monday, Coach’s parent company, Tapestry, faced off with the FTC to prove its $8 billion acquisition of Michael Kors’ owner Capri isn’t anti-competitive.

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