Tapestry, Capri appeal FTC’s injunction, arguing merger’s competitive benefits

Luxury conglomerate Tapestry, Inc., parent company to luxury brands Coach, Kate Spade, and Stuart Weitzman, has announced its intention to appeal the US District Court decision that temporarily blocks its proposed acquisition of Capri Holdings Limited, owner of Versace, Jimmy Choo, and Michael Kors brands.

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Yahoo! Finance: CPRI News

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