The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and ...
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.
Tapestry, Inc. TPR, the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed ...
Capri Holdings is still looking to find its ... which led to $3 million in operating losses. Michael Kors’ top line dropped 16 percent to $738 million, with retail sales decreasing by midsingle ...
CEO John Idol described the results as disappointing and pinned them on the "softening demand globally for fashion luxury ...
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
Capri said Michael Kors' quarterly revenue, which contributed 68% to its total sales in 2024, declined 16%, compared with an 8.6% drop a year earlier. The company's quarterly margin was 64.3% ...
The announcement sent shares of Capri CPRI — the owner of Versace, Jimmy Choo and Michael Kors — down 45% in after-hours trade. Shares of Tapestry TPR — which oversees Coach, Kate Spade and ...
Oliver Chen has given his Hold rating due to a combination of factors influencing Capri Holdings’ current position. The company experienced a significant decline in sales, with Michael Kors and ...