United States
Tapestry defends its merger with Capri using the LVMH-Tiffany example

US luxury group Tapestry's merger with Capri Holdings has been blocked by a complaint from the Federal Trade Commission, concerned about the risk of a handbag monopoly. Tapestry has hit back and accused the regulator of inconsistency, given it authorised a similar merger in the jewellery sector when LVMH bought out Tiffany's. [...]
Published on 09.05.2024 at 05:00 GMT Reading time 3 minutes

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