Luxury Merger - QuikReader

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

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

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 remain

Business - 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

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

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

This luxury capitulation has barely begun

Investors greeted LVMH’s disappointing sales with surprising aplomb

Business - 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 know

World - Financial Times - October 22

Louis Vuitton’s Luxury Pit Stop

Who says a temporary space needs to look undone?

Lifestyle - The New York Times - Yesterday

Nippon Steel spends whopping $1.3M on lobbying amid merger threat

The Japanese steelmaker Nippon Steel paid its primary lobbying firm $1.3 million during a dangerous period for its proposed acquisition of U.S. Steel over the summer. From July through September, ...

Politics - The Hill - October 21

Frontier reportedly considering renewed merger talks with Spirit Airlines

More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.

Business - MarketWatch - October 23

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 competition

Business - Financial Times - October 25

Merger between makers of Coach and Michael Kors handbags halted by judge

Merger between luxury handbag makers would reduce competition and hurt consumers, U.S. District judge says.

UK regulator paves way for £16.5bn Vodafone-Three merger

CMA signals support for deal as long as companies commit to delivering joint network plan and retaining certain mobile tariffs

Business - Financial Times - November 5

Price and 5G promises needed for Vodafone-Three merger, says regulator

It wants commitments on prices and 5G if the creation of the UK's biggest mobile network is to go ahead.

How Russia’s energy minister plotted merger of country’s oil majors

Pitch by Sergei Tsivilev, a relative of Vladimir Putin, aimed to tighten oversight of Rosneft and nationalise Lukoil

World - Financial Times - 2 days ago

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 - 13 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 - 18 hours ago

Trump picks Robert Kennedy Jr to run US health department

Vaccine sceptic and former Democrat is the latest controversial nomination for cabinet post

Business - Financial Times - 3 hours ago

Liberty’s Malone calls for media merger wave under Trump

Billionaire says consolidation should be permitted and adds that ‘allowing Big Tech to run wild’ is inappropriate

Business - Financial Times - 8 hours ago

LVMH stock falls on slumping luxury sales in China

LVMH Moët Hennessy Louis Vuitton said a slowdown in Chinese spending had hit its third quarter sales

Business - MarketWatch - October 16

LVMH Results Cast Cloud on Luxury Stocks

European luxury stocks fell after third-quarter results from industry bellwether LVMH dashed hopes that a sector recovery is under way and renewed concerns over the Chinese market.

Business - The Wall Street Journal - October 16

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