Fashion houses Tapestry and Capri end merger plan as FTC gets a luxury win
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
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Capri and Tapestry abandon plans to merge, citing regulatory hurdles
The $8.5 billion acquisition, originally announced in August 2023, would have married America's two largest luxury houses and ...
Capri Stock Sinks After Versace Parent's Poor Earnings
Key Takeaways Versace's parent company, Capri Holdings, reported fiscal-second-quarter results that missed analysts' ...
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The Tapestry-Capri deal is officially off
Tapestry announced the termination of the merger, leaving question marks about how both companies will fill the void.
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.
Capri Holdings: Hold Rating Amid Sales Decline and Acquisition Uncertainty
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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Capri revenue falls sharply as hopes of a Tapestry merger dim
Capri Holdings revenue decreased 16.4% to $1.08 billion for ... offset by an 8% drop both in Asia and the Americas.
Coach owner Tapestry calls off Capri bid on regulatory blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...