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The Latest Breaking News from Tapestry

Tapestry's CEO focuses on strengthening consumer connections

CEO Joanne Crevoiserat understands the role of affordable luxury in the lives of consumers.

Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out

Holiday Momentum Pushes Retail, Leisure Stocks Past S&P 500 – Tesla, Garmin, Tapestry Stand Out

Consumer Discretionary sector outperforms S&P 500 index, driven by notable gains from Tesla, Garmin, and Tapestry. Other standouts include Booking Holdings and Domino's Pizza.

3 Thriving Apparel Brands With a Focus on Sustainability

3 Thriving Apparel Brands With a Focus on Sustainability

Sustainability is transforming the fashion industry, a movement driving growth and innovation in the apparel industry. Amid this backdrop, consider keeping track of three apparel brands Tapestry (TPR), PVH Corp. (PVH), and Nordstrom (JWN), that are poised to benefit. Read on….

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Here's what comes next for Tapestry and Capri after the death of their major fashion merger

Now Michael Kors' owner Capri has to figure out how to survive without the Tapestry deal.

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 regulators.

International Business Times

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 overcome an antitrust challenge within an acceptable time frame

The Independent UK

How digging into data saved the Tabby bag from a premature end

Falling sales almost ended Coach's Tabby bag prematurely. Data helped save the viral handbag.

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Is Wall Street Bullish or Bearish on Tapestry Stock?

Is Wall Street Bullish or Bearish on Tapestry Stock?

Tapestry has significantly outperformed the broader market over the past year, and analysts remain moderately bullish on the stock’s prospects.

Stocks Settle Mixed as Early Gains Fade on Mixed Corporate News

Stocks Settle Mixed as Early Gains Fade on Mixed Corporate News

The S&P 500 Index ($SPX ) (SPY ) Friday closed down by -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.59%. Stocks on Friday settled mixed, with the Dow Jones Industrials falling...

Stock Market Today: Nasdaq Gains Ahead of Mega-Cap Earnings

Stock Market Today: Nasdaq Gains Ahead of Mega-Cap Earnings

The S&P 500 and the Dow Jones Industrial Average slipped as McDonald's continued to slide.

Stocks Rally as Chip Stocks Jump on Western Digital Earnings

Stocks Rally as Chip Stocks Jump on Western Digital Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up by +0.86%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up by +0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up by +1.53%. Stocks today are moderately higher, with the Nasdaq 100 posting a...

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Stock Craters After Judge Blocks Tapestry Merger: What to Know

Capri Holdings stock has been nearly cut in half Friday after a U.S. judge blocked the retailer's proposed merger with Kate Spade parent Tapestry.

US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent

US Court Blocks Coach Owner's $8.5 Bn Buyout Of Versace Parent

A US judge on Thursday blocked fashion group Tapestry's $8.5 billion deal to buy Capri, which owns luxury brands including Michael Kors and Versace, citing a potential loss of competition.

International Business Times

Tapestry Stock: Is TPR Outperforming the Consumer Discretionary Sector?

Tapestry Stock: Is TPR Outperforming the Consumer Discretionary Sector?

Despite Tapestry’s outperformance relative to the consumer discretionary sector over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

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Michael Kors admits defeat by influencers and celebrities, claiming ‘brand fatigue’ in $8.5 billion federal antitrust trial

The FTC is attempting to block Tapestry’s acquisition of Capri, which would create a bag behemoth.

Nvidia stock loses $280 billion in value as it confronts the antitrust police

Officials want to know if the AI chipmaker makes it hard for buyers to switch or shop around.

Are Wall Street Analysts Bullish on Tapestry Stock?

Despite lagging behind the broader market over the past year, analysts remain moderately bullish on Tapestry’s prospects.

Here's What to Expect From Tapestry's Next Earnings Report

Tapestry is expected to announce its fourth-quarter earnings next month, and analysts expect a single-digit earnings dip.

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Google and CSIRO team up to solve solar surplus problem

Using more renewable energy could require faster and more reliable technology, according to Google's research arm is working with the CSIRO to create it.

What Are Wall Street Analysts' Target Price for Tapestry Stock?

Despite Tapestry trailing the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock's outlook.

Capri Holdings: May 17 $35 Unusually Active Call Option Is a No-Brainer

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

FTC To Sue To Block Capri-Tapestry .5B Takeover: NYT

FTC considers lawsuit to block Capri Holdings acquisition by Tapestry Inc., raising antitrust concerns in luxury fashion industry.

Rating the Top 4 Unusually Active Call Options From Thursday’s Trading

The top four unusually active call options in Thursday trading had an average Vol/OI ratio of 52.25. While that’s not very high, each has compelling reasons to buy. Here's why.

Wednesday’s Unusual Options Activity Highlighted Canadian Call vs. Luxury Put. Which to Bet On? I Like Both.

The top unusually active option in Wednesday trading was a Nio call with a Vol/OI ratio of 69.17. While its $8 strike is tempting, a Canadian call and a luxury put in the top 25 hold more interest. Here’s why.

Tapestry's Q2 earnings expected to miss expectations amid debt concerns

Tapestry, the luxury goods retailer, is expected to report lower revenues and earnings in its fiscal Q2 due to challenges in consumer spending and its upco...

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