Tag: #AmericanFashion #Tapestry #Capri #LuxuryMerger #RetailIndustry

The Blocking of the Tapestry-Capri Merger Spells Trouble for American Fashion

In a significant and unexpected ruling, a federal judge has halted the $8.5 billion merger between Tapestry, the parent company of Coach, and Capri Holdings, which owns Michael Kors. This decision, delivered by Judge Jennifer Rochon in the Southern District of New York, represents a critical setback for the American fashion industry, which has long […]

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