So, management needs to own this ongoing failure to drive the sales line.” Saunders also said that the prospect of an ...
Tapestry has halted Capri integration plans as the Coach parent appeals a U.S. judge's decision to block its $8.5 billion ...
Tapestry shares surged 12% after a federal judge blocked its $8.5B acquisition of Capri, whose shares plummeted nearly 46%.
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Both Capri's Michael Kors brand and Tapestry's Coach brand, meanwhile, are typically viewed as accessible luxury brands. On ...
The company — which owns Coach, Kate Spade and Stuart Weitzman — now expects revenue to grow 1 to 2 per cent, reaching over ...
Capri Holdings’s sales dropped 16.4 per cent to $1.08 billion in the second quarter of 2025, ended 28 September.
Tapestry has reported a 0.4 per cent decline in sales for the first quarter, which an analyst considered as “not too shoddy” ...
Tapestry Inc. raised its guidance for the year on better-than-expected revenue at its Coach brand, while Capri Holdings Ltd. ...
On October 24, 2024, the Federal Trade Commission (FTC) succeeded in blocking the proposed merger of Tapestry and Capri Holdings, which would ...
Tapestry: Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, ...
In a stunning turn of events, a judge ruled in favor of the U.S. government and blocked the proposed merger between handbag and fashion rivals Capri Holdings (NYSE: CPRI) and Tapestry (NYSE ...