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 ...
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of ...
CEO says the company is well positioned to move ahead as an independent public company after Capri and Tapestry (TPR) ...
Best Buy's elaborate Black Friday plans involve lots of early deals, revolving holiday doorbusters, and an official Black ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
Burberry is aiming to boost waning sales by refocusing on heritage designs and statement pieces under sweeping revamp plans ...
The parent companies of brands such as Coach, Kate Spade, Versace and Michael Kors decided not to proceed with a court battle ...
Fashion companies Capri Holdings Limited and Tapestry -- parent companies behind the Coach and Michael Kors brands -- ended ...
Michael Kors effectively cut its rent in half while expanding its location at 667 Madison Ave., becoming the latest big ...