Tapestry’s stock pops and Capri falls 6% as fashion giants scrap merger deal
Tapestry Inc.’ stock jumped 6.8% early Thursday, while Capri Holdings Inc.’s stock fell about 4%, after Tapestry said it’s ...
Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...
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Tapestry and Capri End Plans for ‘Accessible Luxury’ Merger
Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and Michael Kors, on ...
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Capri Holdings and Tapestry Terminate Merger Agreement
Capri Holdings Limited has reported the mutual termination of its definitive merger agreement with Tapestry, Inc. Capri ...
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 revenue falls sharply as hopes of a Tapestry merger dim
Capri Holdings revenue decreased 16.4% to $1.08 billion for the second quarter of fiscal 2025, according to a Thursday ...
Capri Holdings: Hold Rating Amid Sales Decline and Acquisition Uncertainty
TD Cowen analyst Oliver Chen maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of ...