“The blocking of Tapestry’s acquisition of Capri is absurd. It does not reflect the realities of the ... [+] market," said GlobalData's Neil Saunders. (Photo by Michael M. Santiago/Getty ...
Tapestry is up 32.8% since the beginning of the year, and at $50.67 per share, has set a new 52-week high. Investors who bought $1,000 worth of Tapestry’s shares 5 years ago would now be looking ...
Tapestry ( NYSE:TPR ) First Quarter 2025 Results Key Financial Results Revenue: US$1.51b (flat on 1Q 2024). Net income... TPR gains over a million new customers in Q1, primarily Gen Z and ...
The Federal Trade Commission won its lawsuit to block the planned merger between Tapestry Inc. and Capri Holdings, an FTC spokesperson confirmed to sister publication Fashion Dive on Thursday.
In her ruling Thursday, U.S. District Judge Jennifer Rochon noted that Tapestry Inc. and Capri Holdings are “close competitors” and that the merger would result in “the loss of head-to-head ...
Tapestry shares surged 12% after a federal judge blocked its $8.5 billion acquisition of Capri Holdings, whose shares plummeted nearly 46%. The deal was value-destructive for Tapestry, with no ...
In the latest quarter, 15 analysts provided ratings for Tapestry TPR, showcasing a mix of bullish and bearish perspectives. The table below offers a condensed view of their recent ratings ...
The F.T.C. had sued to halt the merger of Tapestry, the parent of Coach and Kate Spade, and Capri, the owner of Versace and Michael Kors. By Lauren Hirsch and Jordyn Holman A federal judge moved ...
Capri Holdings (NYSE:CPRI) plunged 50% in after hours trading after a federal judge blocked its $8.5 billion planned sale to Tapestry (TPR). Shares of Tapestry jumped 7.5%. US District Judge ...