Jim Cramer on if Tapestry is worth adding to your portfolio

Late last year, the Biden administration's Federal Trade Commission blocked yet another merger. Tapestry's $8.5% billion acquisition of Capri Holdings. The deal would have United six fashion accessory brands varying sizes under one roof Tapestry's coach Kate Spade, Stuart Weitzman and Capri's.Michael Kors, Versace and Jimmy Choo. The FTC argued that this would create an excessively concentrated player in the, quote unquote, accessible luxury handbags market, and the judge agreed. But a funny thing has ha ...