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 ...
NBC Washington1d
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
Tapestry and Capri have mutually agreed to call of their merger. The parent companies behind Coach and Michael Kors saw ...
Seeking Alpha10h
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 ...
Retail Dive3d
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 ...
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
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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%, ...