The Biggest Legal Battles Shaping the Fashion Industry Today

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Accessible Luxury Goes on Trial — 2024  After giving fashion-specific deals a pass for a generation or more, the FTC sued to block Tapestry’s $8.5 billion buyout of Capri, a transaction that would bring Coach, Kate Spade and Michael Kors all under one roof.

Whether it’s a courtroom square off or a nasty back and forth in the press, the drama speaks to the competitive nature of the business, the branded turf companies are looking to protect and the big-time dollars and market share at stake.

“The number of cases will now grow because there is actual black letter law, or there will be black letter law with respect to regulation of the fashion industry,” he said. And that signals a legal future with more cases that revolve around the environmental, social and governance practices of fashion companies — tackling topics from greenwashing to how closely brands are monitoring the factories making the looks they sell.

 

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