Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down
Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at Capri just as the global luxury market declines.
Capri Holdings price target lowered to $22 from $57 at TD Cowen
TD Cowen lowered the firm’s price target on Capri Holdings (CPRI) to $22 from $57 and keeps a Hold rating on the shares. The firm said ...
Why Capri Holdings Stock Was Falling Today
The merger was blocked after a district court agreed with the Federal Trade Commission that the deal would significantly ...
Capri posts bigger-than-expected drop in quarterly revenue on tepid demand
(Reuters) -Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by ...
Capri Holdings: Navigating Market Challenges with a Cautious Hold Rating
Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
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Coming undone: Balance restored in luxury category as Tapestry and Capri call off merger
To the surprise of no one, Tapestry (NYSE:TPR) has walked away from a potential merger with its struggling competitor Capri ...
The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...
Capri says open to talks with companies interested in assets
CEO says the company is well positioned to move ahead as an independent public company after Capri and Tapestry (TPR) ...