FTC Sues to Block $8.5 Billion Tapestry-Capri Merger
The deal between Coach’s owner, Tapestry, and the parent of Michael Kors, Capri Holdings, is intended to create a U.S. luxury group to compete with the European industry giants.
![FTC Sues to Block $8.5 Billion Tapestry-Capri Merger](https://static01.nyt.com/images/2024/04/22/multimedia/22ftc-tapestry-capri-ztph/22ftc-tapestry-capri-ztph-mediumSquareAt3X.jpg?#)
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