Tapestry wins approval to buy Capri, EU watchdog says
( April 16, 2024, 10:48 GMT | Official Statement) -- MLex Summary: US fashion house Tapestry won unconditional European Commission approval to buy UK rival Capri today, the authority confirmed. The bloc’s competition watchdog found the deal doesn't pose antitrust concerns because of the limited role that Coach and Kate Spade New York have in the European Economic Area, the presence of numerous alternative suppliers there and the companies' relatively low combined market shares.Statement follows. ...
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.