How Michael Kors’ owner Capri made a $675 million mistake by waiting in vain for a white knight
When Coach parent company Tapestry announced it would buy archrival Capri Holding for $8.5 billion in the summer of 2023, it ...
Consumer Cos Climb Amid Mixed Earnings - Consumer Roundup
Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations.
TPR Earnings: Coach Parent Tapestry’s Stock Explodes on Strong Q2 Results and Outlook
Tapestry (TPR), the parent company of Coach, reported better-than-expected results for the second quarter of Fiscal 2025 and ...
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Versace sales fall 15 % due to “strategic mistakes”
Capri Holdings (Versace, Michael Kors) has had to admit a double-digit sales drop in its latest quarter due to "poor strategic decisions".
Big companies see no China recovery soon, adding to trade tensions gloom
Pernod Ricard and Carlsberg warned on Thursday they see few signs of a pick-up in consumer demand in China, the world's ...
Capri (NYSE:CPRI) Shares Gap Down After Earnings Miss
Capri Holdings Limited (NYSE:CPRI – Get Free Report)’s share price gapped down before the market opened on Wednesday following a weaker than expected earnings announcement. The stock had previously ...