Extras: FTC Bid to Stop Handbag Merger of Capri & Tapestry Day 4 Has Kate Spade & Sealing

More on X for Subscribers here and below the paywall / subscribe (support) line here

by Matthew Russell Lee, Patreon Book Substack

SDNY COURTHOUSE, Sept 12 – At Day 4 of the hearing on the US Federal Trade Commission's bid to enjoin the merger of Tapestry and Capri started up before U.S. District Court for the Southern District of New York Judge Jennifer L. Rochon, Inner City Press was there, from the thread here, more on X for Subscribers here and Substack here

FTC lawyer is questioning Coach's Leigh Manheim Levine about memo on "reclaim accessible luxury space."

Now former Kate Spade brand manager Liz Fraser is being asked about her emails from 2021 and 2022, about Michael Kors pricing

FTC lawyer: Could Kate Spade raise praises as much as Gucci during COVID? Fraser: No. 

FTC lawyer: Kate Spade received confidential information from Coach, right? Fraser: It wasn't posited as confidential

Judge: I will now close the courtroom for the rest of the day, for videos containing confidential information --

More on X for Subscribers here and below the paywall / subscribe (support) line here