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F.T.C. Pursues Lawsuit to Block An $8.5 Billion Fashion Merger.

Authors :
HIRSCH, LAUREN
HOLMAN, JORDYN
Source :
New York Times. 4/23/2024, Vol. 173 Issue 60133, pB3-B3. 1/7p.
Publication Year :
2024

Abstract

The article details the FTC's lawsuit against Tapestry's 8.5 billion dollars acquisition of Capri, citing concerns over decreased competition in the "accessible luxury" market, potentially leading to higher prices for consumers and adverse effects on workers.

Details

Language :
English
ISSN :
03624331
Volume :
173
Issue :
60133
Database :
Academic Search Index
Journal :
New York Times
Publication Type :
News
Accession number :
176791068