Paul Lejuez, an analyst from Citi, maintained the Hold rating on Capri Holdings (CPRI – Research Report). The associated price target was ...
Wells Fargo raised the firm’s price target on Tapestry (TPR) to $75 from $65 and keeps an Overweight rating on the shares.
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually ...
This decision to abandon the merger plans comes after a US district judge Jennifer Rochon stalled the prospective $8.5bn deal ...
One year after Christopher Ward unveiled its first moonphase model into its C1 collection, the brand is ready to expand on ...
Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
Searle adds that with an improved balance sheet, inorganic growth opportunities, such as mergers and acquisitions, are also becoming a more viable option. For FY24, the analyst projects earnings of 2 ...