Capri Holdings Limited Issues Statement on FTC Action Seeking to Block Proposed Transaction with Tapestry, Inc. [Yahoo! Finance]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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US:NYSE Investor Relations:
tapestry.com/investors
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Source: Yahoo! Finance
Federal Trade Commission's (FTC) unprecedented challenge to the proposed acquisition of Capri by Tapestry, Inc. (NYSE: TPR): "Capri Holdings strongly disagrees with the FTC's decision. The market realities, which the government's challenge ignores, overwhelmingly demonstrate that this transaction will not limit, reduce, or constrain competition. Tapestry and Capri operate in the fiercely competitive and highly fragmented global luxury industry. Consumers have hundreds of handbag choices at every price point across all channels, and barriers to entry are low. Capri intends to vigorously defend this case in court alongside Tapestry and complete the pending acquisition. The U.S. FTC is the only regulator that did not approve this transaction, which received required approvals from all other jurisdictions. We remain confident in this combination and the value it will bring to all stakeholders." About Capri Holdings Limited Capri Holdings is a global fashion luxury group consisting o
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News
- Earnings Preview: Tapestry (TPR) Q3 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- Week in Review: Can fashion put the eco back into economics? [Yahoo! Finance]Yahoo! Finance
- Style and Sustainability in Every Stitch at Tapestry [Yahoo! Finance]Yahoo! Finance
- Tapestry Fights On Two Legal Battlefronts Against The FTC And Gap/Old Navy [Forbes]Forbes
- Tapestry, Inc. to Host FY24 Third Quarter Earnings CallBusiness Wire
TPR
Earnings
- 2/8/24 - Miss
TPR
Sec Filings
- 4/22/24 - Form 8-K
- 4/15/24 - Form 4
- 4/15/24 - Form 8-K
- TPR's page on the SEC website