Maker of Coach handbags calls off merger with company that produces Michael Kors accessories
Fashion company Tapestry says it’s terminating its proposed merger with Capri because the two luxury groups don’t expect to ...
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 Holdings: Strategic Adjustments Amidst Challenges Lead to Hold Rating
Jefferies analyst Ashley Helgans has maintained their neutral stance on CPRI stock, giving a Hold rating today. Ashley Helgans’s rating ...
Hold Rating Maintained for Capri Holdings Amidst Challenges in Luxury Goods Segment and Strategic Initiatives
In a report released today, Ike Boruchow from Wells Fargo maintained a Hold rating on Capri Holdings (CPRI – Research Report), with a ...
Capri sales drop 16% as Versace and Michael Kors hit by weak demand for luxury goods
Capri (CPRI) reports worse-than-expected FQ2 results as losses in Versace and Michael Kors weigh on results. Read more here.
Yahoo Finance7d
Michael Kors Owner Capri Sees Business Fall Further as Revenues Drop 16.4%
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 ...
Michael Kors Owner Capri Sees Business Fall Further as Revenues Drop 16.4%
CEO John Idol described the results as disappointing and pinned them on the "softening demand globally for fashion luxury ...
Stock of Michael Kors owner Capri dives after judge blocks merger with Tapestry
A federal judge on Thursday blocked Tapestry Inc.’s planned $8.5 billion acquisition of Capri Holdings, agreeing with ...
brandequity.economictimes.indiatimes7d
Capri posts bigger-than-expected drop in quarterly revenue on tepid demand
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% ...