Outside of earnings, Spirit Airlines jumped 21.1% after the struggling budget airline said it will cut jobs and sell airplanes. Capri Holdings, owner of the Versace, Jimmy Choo and Michael Kors luxury ...
The owners of Coach and Michael Kors plan to appeal the decision, but experts say it’s unlikely the deal will go through.
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 ...
US benchmark equity averages rose on Friday as the market ended a three-day losing streak with key earnings in focus.
Follow along for live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite ...
Capri had more to gain from the acquisition, investors say. Meanwhile, a slowing market for luxury goods slowly made the deal ...
Capri Holdings' acquisition by Tapestry has been blocked by a judge, leading to a drop in CPRI shares and an appeal by both ...
Shares of Capri Holdings Ltd. plunged Friday morning after a federal judge on Thursday blocked the company’s planned $8.5 ...
Consumers would have less cash in their purses if a proposed Coach-Michael Kors merger went through, the Federal Trade ...
Wall Street stocks rose early Friday as markets began looking ahead to big tech earnings next week and the home stretch of a bitter US presidential campaign.
New York – Stocks gained ground on Wall Street Friday as companies continued reporting mostly solid earnings. The S&P 500 ...
The $8.5 billion deal is off for now. Capri stock plunged 45 per cent following the verdict as investors grow wary.