Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...

Tapestry terminates its acquisition of Capri, owner of Michael Kors, due to legal challenges, boosting shares and unveiling a ...

The S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data clouded the outlook on ...

JPMorgan analyst Matthew Boss added Tapestry (TPR) to the firm’s Analyst Focus List as a value pick after the company reached an ...

For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...

After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...

In addition to the repurchase program, Tapestry has reaffirmed its commitment to maintaining a strong dividend payout of $1.40 per share in fiscal year 2025. The company’s management is confident that ...

Had the merger proceeded, it would've united Tapestry's Coach, Kate Spade and Stuart Weitzman brands with ... the future of Capri and our three iconic luxury houses." "Given our company's performance ...

Capri Holdings Ltd and Tapestry Inc. scrapped their $8.5 billion plan to merge after a court order froze the proposed ...

Shares of Coach and Kate Spade parent Tapestry jumped Thursday morning while those of Michael Kors and Versace owner Capri ...

The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...