Analyst Oliver Chen of TD Cowen maintained a Hold rating on Capri Holdings (CPRI – Research Report), reducing the price target to $22.00.
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...
Capri Holdings and Tapestry mutually agreed to terminate their planned $8.5 billion merger following an FTC lawsuit that ...
After the US Federal Trade Commission halted the sale, stating that it would eliminate direct competition in the mid-tier ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
Tapestry, the owner of Coach, said it would abandon its $8.5 billion deal to buy Capri, the parent company of Michael Kors, ...
The proposed merger that would've combined six luxury brands owned by Capri and Tapestry was abandoned by the companies due ...
06:45 EST Capri Holdings (CPRI) announces termination of merger with Tapestry (TPR) Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See ...
Move comes after a judge blocked the deal last month on competition grounds Tapestry Inc.' stock jumped 13% Thursday to lead S&P 500 gainers, while Capri Holdings Inc.'s stock erased early losses to ...
Vietnam said Chinese online retailers Shein and Temu need to register with the government before the end of November or it ...
(Reuters) -Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by ...
Versace-parent Capri Holdings posted a bigger-than-expected drop in quarterly revenue on Thursday, hurt by execution missteps ...