The FTC Lays Out Its Case Against Tapestry's $8.5B Buyout of Capri [Yahoo! Finance]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: Yahoo! Finance
to combine, there were rarely any serious worries that Washington would step in and try to block a buyout. More from WWD FTC Sues to Block Tapestry's $8.5B Takeover of Capri Michael Kors Is Back on Rodeo Drive Tapestry CEO Joanne Crevoiserat Signals Confidence in Capri Deal But after years of consolidation in fashion, that has now changed with the Federal Trade Commission's suit to nix Tapestry Inc.'s $8.5 billion acquisition of Capri Holdings. The complicated process of deciding whether or not a company is leaning toward monopoly requires that the FTC look to see if a company dominates the market it operates in. At least in fashion, the thinking has long been that there is enough competition to protect consumers. As Joanne Crevoiserat, chief executive officer of Tapestry and the deal's architect, told WWD on Monday: “Consumers are fully in charge here and if we don't deliver innovation that they value, they have other choices.” After poring over the details of the dea
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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