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...Tapestry owns Coach and Kate Spade while Capri sells Michael Kors. When the deal was announced last summer, there was little concern that the combination would be blocked....
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...The regulator is arguing that there’s an important distinction between the likes of Kate Spade (which Tapestry also owns) and Louis Vuitton....
...Kate Shiber wondered why there was so much hurry-up-and-wait in investment banking....
...Kate Crawford, a research professor at USC Annenberg who specialises in the societal impacts of AI, said: “Without better transparency and more reporting on the issue, it’s impossible to track the real environmental...
...But last week the Vietnamese electric-vehicle maker VinFast seemed to defy the Spac-sceptics when it merged with Black Spade Acquisition Company at a $23bn valuation....
...During the last decade of her life, she landed campaigns with companies including Kate Spade, Magnum and eBay and worked on limited-edition collaborations with the likes of H&M and Mac Cosmetics....
...“It will allow the underwriters also to do more from a sales perspective, to travel more,” said Kate Markham, chief executive of Hiscox’s London market division....
...Tapestry, the company behind Coach, Kate Spade and Stuart Weitzman, is making a multibillion-dollar bet that it can change that....
...But the company’s $85bn market valuation may be short-lived. VinFast shares rose 255 per cent after it joined markets through a merger with blank-cheque company Black Spade Acquisition....
...Soho House has famously been on the hunt for more creative types to become members of the exclusive hospitality group, which has hosted celebrities such as Kate Moss and Prince Harry....
...“She got up and stood there holding her stupid knock-off Kate Spade bag or whatever it was, her hair pulled back into a ponytail and crowned with a useless, plastic, tortoiseshell headband,” notes the narrator...
...Instead, the Vietnamese group opted to merge with the Hong Kong-based blank-cheque company Black Spade Acquisition and not raise outside money....
...New York-based Tapestry, which owns the Coach, Kate Spade and Stuart Weitzman brands, said it would pay $57 a share for Capri, almost 60 per cent above the average price over the past 30 days....
...The CMA is also investigating Apple over its own app-store rules, including a 30 per cent commission the company takes on digital purchases....
...Luxury goods companies are a notable exception. Tapestry, owner of the Coach and Kate Spade brands, reported a quarterly 20 per cent jump in China sales on Thursday....
...UK’s competition regulator to divest the company....
...workers and well-heeled country dwellers but in recent decades has acquired a more glamorous image as it became the country footwear of choice for the fashion elite, from royalty to supermodels such as Kate...
...On Thursday, Tapestry — the owner of Coach, Stuart Weitzman and Kate Spade — agreed to buy Capri Holdings for $8.5bn in the boldest attempt yet to create a US luxury goods powerhouse to take on the well-established...
...Tapestry, owner of fashion brands Coach, Kate Spade and Stuart Weitzman, agreed to buy Capri Holdings, home to luxury labels Versace, Jimmy Choo and Michael Kors, for $8.5bn....
...Tapestry, the parent company of luxury brands Coach and Kate Spade, cut its full year sales forecast because of the strong dollar and softer consumer demand in China and North America....
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