Michael Kors To Buy Jimmy Choo In $1.2 Billion Deal

The agreement comes as upscale American brands grapple with plummeting sales and tepid profits, particularly in the so-called middle market.

Topics:  american   
BING NEWS:
  • US sues to block merger of Coach and Michael Kors handbag makers
    The U.S. Federal Trade Commission on Monday sued to block Coach parent Tapestry's $8.5 billion deal to buy Michael Kors owner Capri ... which would bring top luxury labels such as Kate Spade and Jimmy ...
    04/22/2024 - 3:52 pm | View Link
  • US watchdog sues to block $8.5bn handbag takeover
    The US competition watchdog has sued to block fashion accessory giant Tapestry's $8.5bn (£6.9bn) takeover of rival Capri. Tapestry owns handbag makers including Coach and Kate Spade, while Capri's ...
    04/22/2024 - 2:41 pm | View Link
  • FTC Sues to Block Tapestry Inc.'s Acquisition of Capri Holdings
    Regulators moved to stop the $8.5 million deal that would bring Coach, Kate Spade, Stuart Weitzman, Michael Kors, Jimmy Choo and Versace together.
    04/22/2024 - 1:06 pm | View Link
  • FTC Fights $8.5 Billion Fashion Merger, Saying It Would Lift Prices, Hurt Workers
    The deal, announced in August, would combine Tapestry's Coach, Stuart Weitzman and Kate Spade brands with Capri Holdings' Michael Kors, Jimmy Choo and Versace labels.
    04/22/2024 - 12:31 pm | View Link
  • US sues to block Coach owner’s US$8.5 billion buyout of Versace parent
    THE US Federal Trade Commission (FTC) said Monday it has sued to block fashion group Tapestry’s US$8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace. Read more ...
    04/22/2024 - 11:47 am | View Link
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