Shares of Capri Holdings (CPRI), parent company of Michael Kors and Jimmy Choo, are sinking after a US judge blocked its pending $8.5 billion merger with Coach owner Tapestry (TPR). Yahoo Finance Senior Reporter Alexandra Canal joins Morning Brief to discuss the ruling in the Federal Trade Commission’s (FTC) antitrust case and competition among luxury retailers. Former LVMH North America (MC.PA) chair Pauline Brown sat down with Yahoo Finance in September to discuss the FTC’s arguments in its case against the two fashion giants. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Melanie Riehl
Yahoo! Finance: CPRI News
