Latest in Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
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Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, after the Federal Trade Commission successfully sued to stop the ...Business - The New York Times - 11 hours ago -
Tapestry, Capri End Merger Hopes Amid Legal Uncertainty
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ended their merger efforts after a federal lawsuit sought to block the deal.Business - The Wall Street Journal - 17 hours ago -
Tapestry-Capri Fashion Merger Is Blocked by Judge
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors.Business - The New York Times - October 24 -
Tapestry’s stock soars and Capri erases losses as fashion giants scrap merger deal
Tapestry Inc.’ stock soared Thursday, while Capri Holdings Inc.’s stock erased losses to gain 4%, after Tapestry said it’s terminating its $8.5 billion merger agreement with its smaller rival.Business - MarketWatch - 12 hours ago -
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The parent companies behind Coach and Michael Kors saw their proposed merger blocked by the Federal Trade Commission.Business - CNBC - 16 hours ago -
Stock of Michael Kors owner Capri dives 45% after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.Business - MarketWatch - October 25 -
China borrows almost as cheaply as US in return to dollar bond market
Investors place nearly $40bn of orders to buy $2bn of bonds issued by China’s finance ministryBusiness - Financial Times - 17 hours ago -
Michael Kors owner Capri’s shares crater after $8.5bn merger blocked
Decision is a win for antitrust regulators who argued deal with Kate Spade owner Tapestry would strangle competitionBusiness - Financial Times - October 25 -
Do I have enough money to retire? Ask yourself these 3 questions to assess whether you're ready
Do you have enough money to retire? Asking yourself several questions can help assess your financial readiness, expert said.Business - CNBC - October 24 -
Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.Business - CNBC - October 25 -
The White House's plan to boost contraception access
Presented by Alliance for Aging Research — Plus: How Hurricane Helene is threatening dialysis patients {beacon} Health Care Health Care The Big Story Biden admininistration proposes expanded ...Politics - The Hill - October 21 -
Patients to get full access to medical records on NHS App
Medical records, test results and letters to be available to all on NHS App in digital revolution.Top stories - BBC News - October 21 -
Israel’s plan to ban Unrwa from accessing Gaza marks new low in its relations with UN
US only nation likely to be able to persuade Netanyahu to drop plan condemned by 123 member states. Worsening relations between the United Nations and Israel appear to have reached a nadir with the ...World - The Guardian - October 25 -
Sources: Dak planning on season-ending surgery
Cowboys quarterback Dak Prescott is planning to undergo season-ending surgery on his partially torn hamstring, pending the opinion of one final specialist, sources told ESPN.Sports - ESPN - 5 days ago -
A glance at Ukraine's plan aimed at nudging Russia into talks to end the war
Ukraine’s President Volodymyr Zelenskyy has partially revealed his five-point plan aimed at prompting Russia to end the war through negotiationsWorld - ABC News - October 16 -
France vows support for Ukraine's plan to end Russian invasion
France's foreign minister has pledged his support for Ukraine’s plan for ending the war with RussiaWorld - ABC News - October 19 -
Haason Reddick is ending his contract holdout and plans to report to the Jets on Monday
Haason Reddick is ending his long holdout with the New York Jets and will report to the team MondaySports - ABC News - October 20 -
'Sorry' water boss has plan to end sewage spillages
Water UK chief apologises for the industry's performance as the sector faces a "root and branch" review.Top stories - BBC News - October 23 -
Judge Plans to Rule on Musk’s $56 Billion Tesla Payday by Year End
The contentious proceedings in Delaware’s Court of Chancery should be complete by the end of December, according to the judge’s letter to lawyers in the case.Business - Inc. - November 1 -
New York City revives congestion pricing plan to end gridlock
New York Gov. Kathy Hochul OK'd a first-in-the-nation congestion pricing plan that would charge $9 to most vehicles entering Manhattan during peak hours.Top stories - NBC News - 11 hours ago -
Luxury Fashion as Political Propaganda
In fights to sway public sentiment, critics often point to costly clothes as evidence of moral corruption.Lifestyle - The New York Times - October 24 -
A planned sequel and a West End musical – but is The Devil Wears Prada out of step with our times?
Attitudes to body standards and corporate exploitation are among themes that look dated in the 2006 smash hit. There’s to be a follow-up to the film The Devil Wears Prada , with original ...World - The Guardian - October 20 -
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remainBusiness - Financial Times - October 18 -
Frontier, Spirit Airlines Revive Merger Talks
The carriers have held early-stage deal discussions, as Spirit continues negotiations with bondholders over possible bankruptcy terms.Business - The Wall Street Journal - October 23 -
Zaslav bullish on Trump allowing media mergers
David Zaslav, the chief executive of Warner Bros. Discovery (WBD), is signaling optimism that President-elect Trump's administration will create a good environment for potential media mergers. "We ...Politics - The Hill - November 7 -
Starmer claims people with shares do not count as ‘working people’
Labour’s manifesto pledges on tax are coming under increasing scrutiny ahead of the BudgetBusiness - Financial Times - October 24 -
Tapestry’s stock climbs on sales and earnings beat, raised outlook
Tapestry’s first-quarter revenue was fueled by topline growth at Coach.Business - MarketWatch - November 7 -
This luxury capitulation has barely begun
Investors greeted LVMH’s disappointing sales with surprising aplombBusiness - Financial Times - October 16 -
Which luxury train crew are you?
From the Venice Simplon-Orient‑Express to The Ghan Expedition, it’s never been easier, or chicer, to travel by rail. Here are the carriages to knowWorld - Financial Times - October 22 -
Louis Vuitton Opens a Temporary Store in Manhattan’s ‘Billionares’ Row’
Who says a temporary space needs to look undone?Lifestyle - The New York Times - Yesterday