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After FTC block, Tapestry-Capri deal faces uncertain future

Posted ByAmirah KeatonOn In Apparel and accessories,Commerce,Featured,Industry sectors,Legal and privacy,News | No Comments
Though the company owns just one true luxury maison currently, the pending acquisition will boost this to four. Image credit: Tapestry A recent statement from U.S. fashion group Tapestry confirmed its plans to jointly appeal the Oct. 24 ruling alongside Capri Holdings. Image credit: Tapestry

 

By Amirah Keaton

The pending merger of two major U.S. luxury groups hit a roadblock last week.