The party is dying down for luxury retail: Fmr. LVMH chair

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Capri Holdings,Julie Hyman,Jared Blikre

Federal Trade Commission (FTC) regulators seek to block luxury fashion brand Tapestry's (TPR) acquisition of Capri Holdings (CPRI) initially announced in...

to weigh in on the headline — stating she was"surprised" by the FTC's intervention — and where fashion retailers are finding the most demand in international markets.

"I think the advantage that many of them that you're referencing may have is that they can get to the customer directly. They don't have to go through wholesale accounts which could be prohibitively expensive. They don't have to open their own store the way they did in decades past. So there's more access to the market but there's also a lot more noise in the market...

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