Robb Report22h
The Owner of Coach Abandons Its $8.5 Billion Bid to Take Over Versace’s Parent Company
Tapestry and Capri “mutually agreed that terminating the merger agreement was in the best interests of both companies,” the ...
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' ...
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Led by a sizeable drop in sales for both Versace and Michael Kors, Capri (NYSE:CPRI) reported worse-than-expected results for ...
Retail Dive2d
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.
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 ...
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 including Michael Kors and Versace, following a successful legal challenge by US ...