Although the proposed sale failed, Tapestry’s interest in acquiring Capri highlights the value of its brands. Moreover, Capri's acceptance of the offer suggests that it is open to selling one or more ...

Tapestry (TPR), the parent company of Coach, reported better-than-expected results for the second quarter of Fiscal 2025 and ...

Consumer companies ticked up amid mixed earnings reports. Tapestry gained after the owner of Coach and Kate Spade luxury brands logged sales ahead of Wall Street expectations.

Coach’s parent company reported the results less than two months after calling off its merger with fashion accessories ...

The top-line growth was led by Coach, which pushed sales up 11 percent to $1.7 billion. Offsetting that increase were both ...

Capri Holdings CEO John Idol acknowledged "a number of missteps" in the company's efforts to reposition tentpole brands like ...

Capri CEO John Idol said Versace may have leaned too hard into quiet luxury while pricing out its entry-level customers.

Coach’s parent company reported the results less than two months after calling off its merger with fashion accessories ...

Luxury brands owner Capri Holdings Inc. dropped its share prices by 10.07 percent to close at $21.61 apiece as investor ...

Capri Holdings said its Michael Kors and Versace brands hiked prices too high and made other missteps that contributed to a near-12% decline in quarterly revenue and a net loss of $547 million. The ...

Sharp price increases and other missteps caused the company’s quarterly revenue to fall 12% in the important holiday period.

Consumer companies fell after mixed earnings. Shares of Capri Holdings slid after Chief Executive John Idols conceded that steep price increases backfired, helping to induce a nearly 12% decline in ...