Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down
Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at ...
Capri Holdings: Strategic Challenges and Uncertain Financial Outlook Post-Merger Termination
Paul Lejuez, an analyst from Citi, maintained the Hold rating on Capri Holdings (CPRI – Research Report). The associated price target was ...
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 ...
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 ...
Capri Holdings: Strategic Adjustments Amidst Challenges Lead to Hold Rating
Jefferies analyst Ashley Helgans has maintained their neutral stance on CPRI stock, giving a Hold rating today. Ashley Helgans’s rating ...
Stock market today: Dow, S&P 500, Nasdaq slip with Powell speech, Trump-led sweep in focus
Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in D.C.
The New York Times1d
Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
NBC Washington2d
Capri and Tapestry abandon plans to merge, citing regulatory hurdles
In the initial aftermath of the judge's ruling, shares of Capri plunged around 50% while Tapestry's stock surged about 10 ...