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Capri outlines return to growth plan as Tapestry merger falls apart
Luxury fashion parent company of Coach and Kate Spade, Tapestry and global fashion luxury group Capri Holdings have mutually ...
Retail Dive4d
Capri revenue falls sharply as hopes of a Tapestry merger dim
Revenue at Michael Kors, the company’s biggest brand, dropped 16% year over year. Revenue at the brand dropped by double ...
What’s next for Capri Holdings after ending Tapestry merger deal?
Capri and Tapestry have mutually agreed to terminate their planned merger. Capri CEO continues to see long-term potential in ...
Capri Holdings: Navigating Market Challenges with a Cautious Hold Rating
Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
Morningstar22d
Capri Struggles to Support Its Brands as It Fights a Legal Challenge to Its Acquisition
Although plans for these two brands are progressing, we do not think these deals have changed Capri’s no-moat status as they have more fashion risk, less profitability, and less appeal than ...
Business Insider22d
Capri's Stock Drops After U.S. Court Blocks Tapestry's $8.5 Billion Acquisition
Capri shares closed Thursday's regular trading session at $41.60, down $0.21 or 0.50%. The stock further dropped $18.75 or 45.07% in after-hours trading. But Tapestry shares closed regular trading ...
MarketWatch22d
Capri's Stock Plunges as Tapestry Shares Rise After Judge Blocks $8.5B Deal
Shares of Capri tumbled after a federal judge blocked the company's $8.5 billion sale to its fashion rival Tapestry. Capri's stock fell 50% to $20.85 in post-market trading on Thursday ...