The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...
Why Tapestry (TPR) Stock Is Trading Up Today
Shares of luxury fashion conglomerate Tapestry (NYSE:TPR) jumped 13.2% in the afternoon session after the company announced ...
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Capri revenue falls sharply as hopes of a Tapestry merger dim
So, management needs to own this ongoing failure to drive the sales line.” Saunders also said that the prospect of an ...
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Capri posts bigger-than-expected drop in quarterly revenue on tepid demand
Tapestry: Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, ...
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Capri's Sales, Income Slump in Fiscal Q2
Adjusted operating margin dropped to 3.0% from last year's 12.2%. The company offered no guidance due to the uncertainty ...
Tapestry sees flat quarter amid weak luxury market
Tapestry has reported a 0.4 per cent decline in sales for the first quarter, which an analyst considered as “not too shoddy” ...