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The Latest Breaking News from Tapestry

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.

Barchart

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.

Barchart

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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The pandemic CEO: How executives who came to power forged the blueprint for a new kind of leader

The Fortune 500 companies that appointed new CEOs in the pandemic outperformed their peers. These 5 traits help explain why.

Fortune

POWR Income Stock of the Week: Tapestry (TPR)

In a rising rate economy, luxury brands often do better than other consumer goods companies, because high end consumers are not impacted by rising rates as much. That was definitely the story this cycle. And, as rates turn, which may be happening soon, luxury is the first to come back,…

StockNews.com

Tapestry's chief didn't think she was the 'CEO type'

The CEO behind Coach and Kate Spade is pulling off the industry's largest deal in more than a decade.

Fortune

Meet the CEO behind the huge fashion deal uniting Coach with Michael Kors

The biggest luxury fashion M&A deal in decades, Tapestry's purchase of Capri Holdings, means new challenges for CEO Joanne Crevoiserat.

Fortune

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Michael Kors pays tribute to late mother with waterfront runway show set to Bacharach tunes

On a waterfront promenade lined with pink flowers and facing Manhattan’s majestic skyline, designer Michael Kors paid tribute to his late mother with a show honoring the travels the two enjoyed together

The Independent UK

New York fashion week kicks off at city’s public library

Luxury brand Coach’s spring/summer 2024 launch almost upstaged by animal rights protest

The Guardian - UK

A Luxury Goods Stock to Avoid During the "Richcession"

Tapestry stands out as a stock to sell during the richcession, thanks to a cloudy sales outlook and a valuation that still looks too rich.

Barchart

The Fearless Fund founders have some strong words for the conservative activist group suing them

Founders Arian Simone and Ayana Parsons spoke about the lawsuit Thursday: “We are not scared,” said Simone.

Fortune

Stock market today: Asian stocks decline after US inflation edges higher

Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

The Independent UK

Stocks Close Slightly Higher as Bond Yields Jump

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. Stocks on Thursday closed slightly higher, with the Dow...

Barchart

Stock Market Today: Stocks Notch Hard-Fought Win After July CPI Report

The major market indexes closed up after Thursday's inflation data, but finished well off their session highs.

Kiplinger

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The Guardian - UK

Versace’s new owner wants to be a big beast. But it’s no match for Europe’s behemoths

Tapestry’s purchase of three big fashion names gives it heft. But LVMH and Kering have the front row to themselves

Barchart

Stocks Give Up Morning Gains After a Benign U.S. CPI Report Released

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Today’s benign U.S. July CPI report bolstered the outlook...

Fortune

Coach parent buys Versace and Michael Kors owner for $8.5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault’s European luxury giant LVMH

Tapestry’s acquisition of Capri is a move to wield greater influence in the European-dominated luxury market and mitigate the effects of slowed consumer spending.

Barchart

Stocks Climb on a Benign U.S. CPI Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.90%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...

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Barchart

Markets Today: Stocks Climb and Bond Yields Fall on Supportive U.S. Inflation News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.54%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.80%. Stock indexes this morning are moderately higher after the weaker-than-expected U.S. Jul CPI report bolstered the outlook for the Fed to pause its interest rate...

Evening Standard

Coach owner buys Versace parent company to create new US luxury fashion giant

The merger creates a business with global sales of more than $12 billion a year and annual profits of close to $2 billion

The Independent UK

Coach parent Tapestry buying Capri, owner of Michael Kors and Versace, in $8.5 billion deal

Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings

Kiplinger

Best Consumer Discretionary Stocks to Buy Now

Consumer discretionary stocks have been challenging places to invest in, but these picks could overcome several sector headwinds.

Benzinga

Intel's Self-Driving Tech Firm Raises Over $800M In IPO, Alphabet Misses Q3 Earnings Expectations, Lyft Cuts Price For Monthly Subscription Plan: Top Stories Wednesday, Oct. 26

Benzinga

The Conversation

Facing the dual threat of climate change and human disturbance, Mumbai – and the world – should listen to its fishing communities

Coastal cities and settlements are at the forefront of climate disruption. Rising sea levels, warmer seas and changes in rainfall patterns are together creating conditions that mean misery for coastal dwellers.

Bristol Post

New Bristol taproom opens making brewing accessible to all

“Our fundamental view is that everyone has a contribution to make somewhere"

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