Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
However, Tapestry and Capri, two American luxury companies, refused to fall behind their European counterparts any longer and ...
Tapestry, which owns Coach and Kate Spade, and Capri Holdings, which oversees Versace and Michael Kors, have called off their ...
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
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 ...
NEW YORK — U.S. stocks slipped Nov. 14 as the market's big burst following Donald Trump's election continued to cool. The S&P ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
CEO says the company is well positioned to move ahead as an independent public company after Capri and Tapestry (TPR) ...
U.S. stocks are edging lower as the market’s big burst following Donald Trump’s election continues to cool. The S&P 500 was ...