Tapestry raised its annual earnings target and topped market expectations for first-quarter revenue on Thursday, as the Coach ...
Both Capri's Michael Kors brand and Tapestry's Coach brand, meanwhile, are typically viewed as accessible luxury brands. On ...
The company — which owns Coach, Kate Spade and Stuart Weitzman — now expects revenue to grow 1 to 2 per cent, reaching over ...
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Capri Holdings’s sales dropped 16.4 per cent to $1.08 billion in the second quarter of 2025, ended 28 September.
Capri's stock plunged on the news, as the company has struggled since agreeing to be acquired. The company must renew its focus, but a turnaround won't be easy. Tapestry, meanwhile, has seen ...
So, management needs to own this ongoing failure to drive the sales line.” Saunders also said that the prospect of an ...
Tapestry Inc. raised its guidance for the year on better-than-expected revenue at its Coach brand, while Capri Holdings Ltd. ...
Tapestry shares surged 12% after a federal judge blocked its $8.5B acquisition of Capri, whose shares plummeted nearly 46%.
Credit: Photo by Michael M. Santiago/Getty Images In response to the US District Court’s approval of the Federal Trade Commission’s (FTC) preliminary injunction against its acquisition of Capri ...
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...