Global fashion house Tapestry has agreed to sell its luxury footwear brand, Stuart Weitzman, to Caleres in $105m cash deal.
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent ...
Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of ...
The deal reflects a new narrative for Tapestry, which will now focus on its Coach and Kate Spade brands after its ...
Tapestry has sold Stuart Weitzman to Caleres (the group that owns Sam Edelman and Famous Footwear, along with the footwear ...
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands, ...
Shares of Tapestry Inc. slipped 0.3% in after-hours trading on Wednesday after the company’s announcement that it plans to ...
Our analysis of options history for Tapestry TPR revealed 8 unusual trades. Delving into the details, we found 12% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades ...
As momentum accelerates with its Coach brand, especially after an especially profitable holiday season, Tapestry ( TRP) is ...
With the sale to Caleres, "Tapestry’s plans of being a large luxury house are not happening," according to an analyst.
Tapestry (TPR) will retain its two other brands - Coach and Kate Spade, both known for handbags, accessories and clothing. Caleres (CAL) is home to a portfolio of footwear brands, including Famous ...