US Federal Trade Commission Opposes Tapestry’s Acquisition of Capri Holdings: Here’s Why

News on HR

The US Federal Trade Commission (FTC) has taken a firm stance against Tapestry Inc.’s proposed $8.5 billion acquisition of Capri Holdings Ltd., the parent company of Michael Kors. This marks a notable move in antitrust enforcement within the fashion accessories sector, raising concerns about market competition and consumer welfare under the Biden administration. Key Points: …

US Federal Trade Commission Opposes Tapestry’s Acquisition of Capri Holdings: Here’s Why Read More »