---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-021077"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:51:22.175670+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# FTC files complaint to enjoin Tapestry's acquisition of Capri; Capri vows to defend

## Summary
- FTC filed complaint in SDNY on April 22, 2024, seeking to enjoin the proposed acquisition of Capri by Tapestry.
- Capri Holdings strongly disagrees with FTC's decision and says transaction will not limit competition in global luxury industry.
- Capri will vigorously defend the case in court alongside Tapestry and work to complete the pending acquisition.
- All other regulators have approved the transaction; FTC is the only regulator that did not approve.
- Tapestry and Capri operate in a highly fragmented global luxury industry with low barriers to entry.

## SEC filing metadata
- accession: 0001140361-24-021077
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000114036124021077/0001140361-24-021077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000114036124021077/ef20027405_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-021077
- JSON: https://secwatch.observer/filing/0001140361-24-021077.json
- Plain text: https://secwatch.observer/filing/0001140361-24-021077.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.