Biden's FTC Blocks $8.5 Billion Deal Between Michael Kors & Coach As Central Planners Target Fashion

Apr 23rd 2024 2:45pm EDT

Biden’s FTC Blocks $8.5 Billion Deal Between Michael Kors & Coach As Central Planners Target Fashion President Joe Biden’s antitrust enforcement has been on a deal-blocking crusade ahead of the presidential elections in November.  On Monday, the Federal Trade Commission targeted the fashion industry for the first time. It sued to block Tapestry’s $8.5 billion acquisition of Capri Holdings, a deal […]

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