XML 46 R28.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Subsequent Events
12 Months Ended
Mar. 30, 2024
Subsequent Events [Abstract]  
Subsequent Events Subsequent Events
On April 22, 2024, the U.S. FTC filed a lawsuit in the United States District Court for the Southern District of New York against Tapestry and Capri seeking to block the Merger, claiming that the Merger would violate Section 7 of the Clayton Act and that the Merger Agreement and the Merger constitute unfair methods of competition in violation of Section 5 of the Federal Trade Commission Act and should be enjoined. The Company believes the FTC’s claims are without merit, and the Company, together with Tapestry, intend to vigorously defend the lawsuit.