Coach is a popular brand among Chinese consumers and has room for growth. Bain estimates these consumers will make up about 40% of worldwide luxury good spending in 2030, up from 33% in 2019. Tapestry ...
Shares of Capri Holdings, the parent company of luxury accessory brand Michael Kors, plummeted early Friday after a judge on Thursday blocked its $8.5 billion buyout from Coach-owner Tapestry.The ...
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 ...