Reported 26 days ago
The Federal Trade Commission (FTC) is attempting to block Tapestry's acquisition of Capri Holdings but faces significant challenges. Pauline Brown argues that the FTC's legal argument is weak, particularly in defining the market for accessible luxury handbags, suggesting that if customers are satisfied with prices and designs, they will not be deterred. Brown also highlights the thriving resale market for luxury goods, where price variations can create opportunities for resellers.
Source: YAHOO