‘Accessible luxury’ owners of Coach and Versace snap at FTC after it sues to block $8.5 billion merger: ‘They don’t understand how consumers shop today’

The Federal Trade Commission sued to halt the merger between luxury fashion companies Tapestry and Capri over fears of steep price increases on handbags and accessories. But the complaint filed in federal courts on Monday has the fashion conglomerates doubling down on the deal. Tapestry, the…#capri #coach #katespade #stuartweitzman #michaelkors #jimmychoo #ftc #joannecrevoiserat #tapestry #henryliu
Source: Reuters: Health - Category: Consumer Health News Source Type: news