The Federal Trade Commission zeroed in on fashion for the first time in a generation when Coach, Kate Spade and Michael Kors ...
With the Capri (CPRI) drama behind it and the company now able to focus on its flagship brand, Wall Street can prioritize ...
Tapestry announced it is canceling the acquisition of Capri Holdings, after the two companies lost their fight against the FTC’s opposition to the merger. While the original $8.5 billion deal ...
Tapestry will also reimburse Capri $45 million for transaction-related expenses. Recently, a judge blocked the acquisition by Tapestry, which the companies planned to appeal the ruling .
In a report released yesterday, Ashley Helgans from Jefferies upgraded Tapestry (TPR – Research Report) to a Buy, with a price target of ...
In her new role as Tapestry CIO, Lu was ready to apply that same playbook to Capri—owner of the Versace and Michael Kors brands—which Tapestry was set to acquire for $8.5 billion. But Tapestry ...
Tapestry Inc.’ stock jumped 13% Thursday to lead S&P 500 gainers, while Capri Holdings Inc.’s stock erased early losses to trade up 4%, after Tapestry said it’s terminating its $8.5 billion ...
Having an "insatiable curiosity about the consumer" is essential to a business, Tapestry's CEO Joanne Crevoiserat said in a ...
It was blocked by an FTC lawsuit. File Photo by Tannen Maury UPI Nov. 14 (UPI) --Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands ...
With the Capri (CPRI) drama behind it and the company now able to focus on its flagship brand, Wall Street can prioritize Tapestry (NYSE:TPR) as a quality name given improving sales growth ...
Tapestry Inc. and Capri Holdings came into the year arm-in-arm, ready to create an American fashion giant with six brands and some $12 billion in sales. But the marriage — which would have had ...