Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger
To the surprise of no one, Tapestry ( NYSE: TPR) has walked away from a potential merger with its struggling competitor Capri ...
Coach Owner Tapestry Calls Off Capri Bid On Regulatory Blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
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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” ...