CPRI-CAPRI HOLDINGS LTD

FTC Challenges Tapestry’s $8.5 Billion Acquisition of Capri Holdings, Including Michael Kors, Amid Concerns Over Consumer Impact and Market Competition

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Friday

13 September, 2024

As Tapestry Inc. navigates the complexities of its proposed $8.5 billion acquisition of Capri Holdings, concerns about market competition and consumer welfare are at the forefront. With Michael Kors facing financial hurdles and potential price hikes, will this merger truly revitalize the brand or further complicate its future?

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