Coach parent Tapestry pulls $8.5 billion bid for Capri
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Coming undone: Balance restored in luxury category as Tapestry and Capri call off mergerTo the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Had the merger proceeded, it would've united Tapestry's Coach, Kate Spade and Stuart Weitzman brands with Capri's Versace, Jimmy Choo and Michael Kors. The leaders of the two companies outlined ...
Tapestry, Inc. (NYSE:TPR) shares are trading higher premarket on Thursday after the company disclosed that it has reached an ...
Tapestry, the owner of Coach and Kate Spade, and Capri Holdings, the parent company of Versace and Michael Kors, on ...
The $8.5 billion acquisition, originally announced in August 2023, would have married America's two largest luxury houses and ...
Tapestry—the owner of luxury brands such as Kate Spade and Coach—and Capri—owner of Michael Kors, Versace and Jimmy Choo ...
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.
TD Cowen analyst Oliver Chen maintained a Hold rating on Capri Holdings (CPRI – Research Report) yesterday and set a price target of ...
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