Tapestry is called out by Argus as an undervalued play ahead of the planned Capri merger
Argus thinks Tapestry (NYSE:TPR) is undervalued at its current share price. Analyst Kristina Ruggeri said the apparel giant ...
Capri gains on last day of FTC trial on Tapestry deal before closing arguments
Capri Holdings (NYSE:CPRI) advanced 4% on the last day of the Federal Trade Commission's trial to block Tapestry's (TPR) ...
Economists Square Off in Tapestry Antitrust Case
Yale professor Fiona Scott Morton offers a critical take on the reasoning behind the FTC’s case to stop Tapestry’s $8.5 ...
Morningstar3d
New Tapestry Will Be Led by Coach, but Capri’s Brands Bolster Position in Accessories and Luxury
Tapestry has agreed to purchase Capri for $57 per share in cash, implying a total cost of about $8.5 billion. Although the acquisition has been blocked by the US Federal Trade Commission on ...
Morningstar3d
Capri Is Struggling to Support Its Brands as It Awaits Acquisition by Tapestry
Capri has agreed to be sold to narrow-moat Tapestry for $57 per share. The US Federal Trade Commission is blocking the deal on antitrust concerns. However, as we believe that Tapestry and Capri ...
Fashion United2d
Tapestry's Capri Holdings acquisition faces FTC opposition
The fate of Capri Holdings, the parent company of Michael Kors, is on hold following an ongoing Federal Trade Commission (FTC ...
In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
Sometimes you’ll be the hottest thing on the block,” he said. “Sometimes you’ll be lukewarm. Sometimes you’ll be cold.” ...
Room to Hike Kors Prices Seen in Tapestry-Capri Merger, Executive Testifies
The slides included Tapestry's internal consumer research deck sent to CEO Joanne Crevoiserat in 2022 by Elizabeth Harris, ...
FTC Makes a $365 Million Argument Against Tapestry’s Deal to Buy Capri
A hearing in Manhattan federal court dug into the analysis underpinning the government’s case against the $8.5 billion ...
Competitive Dynamics in Focus as US Tries to Stop Tapestry-Capri Merger
NEW YORK (Reuters) -The U.S. Federal Trade Commission urged a federal judge in New York to block Tapestry's $8.5 billion ...
Capri Holdings: Up To 64% Merger Arbitrage Upside As Flimsy FTC Trial Begins
Capri Holdings offers a 64% potential return, with the current stock price under $35 and a deal price of $57. Read more about ...
Seeking Alpha3d
Tapestry is called out by Argus as an undervalued play ahead of the planned Capri merger
Ruggeri and her team have a favorable view of Tapestry's (TPR) planned acquisition of Capri Holdings and expect it to prevail in its legal dispute with the Federal Trade Commission. Management ...