Tapestry, inc. issues statement on district court ruling

New york--(business wire)--tapestry, inc. (nyse: tpr), a house of iconic accessories and lifestyle brands consisting of coach, kate spade new york, and stuart weitzman, today issued the following statement in response to the ruling made by the u.s. district court in the southern district of new york regarding tapestry's proposed acquisition of capri holdings limited (nyse: cpri): “today's decision granting the ftc's request for a preliminary injunction is disappointing and, we believe, incorrec.
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