{"id":118079,"date":"2024-10-25T05:10:47","date_gmt":"2024-10-24T22:10:47","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=118079"},"modified":"2024-10-25T05:10:47","modified_gmt":"2024-10-24T22:10:47","slug":"tapestry-capri-merger-blocked-by-judge-in-ftc-antitrust-case","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=118079","title":{"rendered":"Tapestry-Capri merger blocked by judge in FTC antitrust case"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>A judge ruled in favor of the Federal Trade Commission&#8217;s (FTC) antitrust case against Tapestry (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/TPR\" data-ylk=\"slk:TPR;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TPR<\/a>) and Capri Holdings (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/CPRI\" data-ylk=\"slk:CPRI;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">CPRI<\/a>), blocking the merger of the two luxury fashion brands. Capri shares have plummeted by over 50% in Thursday&#8217;s extended-hours trading.<\/p>\n<p><a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/www.yahoo.com\/author\/julie-hyman\/?.tsrc=fin-srch\" data-ylk=\"slk:Julie Hyman;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Julie Hyman<\/a> and <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.yahoo.com\/author\/josh-lipton\/\" data-ylk=\"slk:Josh Lipton;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Josh Lipton<\/a> break down this news on Market Domination Overtime. Tapestry is the parent company of brands Coach and Kate Spade, while Capri owns Michael Kors and Versace.<\/p>\n<p>Former LVMH North America (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/MC.PA\" data-ylk=\"slk:MC.PA;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">MC.PA<\/a>) chair Pauline Brown sat down with Yahoo Finance in September to <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/video\/why-ftc-faces-high-hurdle-222253617.html\" data-ylk=\"slk:discuss the FTC's arguments in its case;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">discuss the FTC&#8217;s arguments in its case<\/a> against the two fashion giants.<\/p>\n<p>To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/finance.yahoo.com\/videos\/series\/market-domination-overtime\/\" data-ylk=\"slk:here;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">here<\/a>.<\/p>\n<p><em>This post was written by <\/em><a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/www.yahoo.com\/author\/luke-carberry-mogan\/\" data-ylk=\"slk:Luke Carberry Mogan;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><em>Luke Carberry Mogan<\/em><\/a><em>.<\/em><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/video\/tapestry-capri-merger-blocked-judge-203155818.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A judge ruled in favor of the Federal Trade Commission&#8217;s (FTC) antitrust case against Tapestry (TPR) and Capri Holdings (CPRI), blocking the merger of the two luxury fashion brands. Capri &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=118079\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-118079","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/118079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118079"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/118079\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}