$Capri Holdings (CPRI.US)$ 有谁知道这个收购案件的最新进展吗？法官将如何判决？ I searc...

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The trial saw a number of executives from both firms take to the stand, including Michael Kors, who spoke on his eponymous brand’s history, its current challenges and the intense competition in the handbag industry.

On both sides, lawyers attempted to define the term “accessible luxury”, while FTC’s counsel Abby Dennis attempted to point to parallels between the multiple transportation methods across the US and how it was difficult for consumers to interchange between those due to price limitations, Reuters reported. Consumers were faced with similar challenges when it came to handbags, Dennis alleged.

The power is now passed over to a US federal judge, who is to decide whether to block the merger or allow it to pass. Tapestry told Reuters that a decision is expected anywhere between three weeks to three months.