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Tapestry (TPR) announced it will spend $8.5 billion to buy its long-time rival Capri Holdings (CPRI), adding luxury brands Versace, Michael Kors, and Jimmy Choo to its portfolio that already includes
Tapestry, Inc. (NYSE:TPR ) Definitive Agreement to Acquire Capri Holdings Limited Conference Call August 10, 2023 8:00 AM ET Company Participants Christina Colone - Global Head of Investor Relations J
Tapestry Inc., the owner of luxury brands Coach and Kate Spade, agreed to buy Capri, the parent company of Michael Kors and Versace, in an $8.5 billion deal. Simone Foxman has more on "Bloomberg Marke
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U.S. equities gained at midday on Thursday, Aug. 10, 2023 after the Labor Department reported consumer prices increased less than expected in July.
Moody's Investors Service placed Tapestry Inc.'s Baa2 rating on review for a possible downgrade on Thursday, after the company said it's buying Capri, the parent of Michael Kors, for about $8.5 billio
Coach parent Tapestry will acquire Capri Holdings for $8.5 billion in cash to create a U.S. fashion house that can compete with larger contemporaries in Europe.
Capri's shares rose in premarket trading on Thursday as fashion conglomerate Tapestry announced a $8.5 billion acquisition deal that will bring six luxury brands under one company.
Capri (CPRI) shares soar on the news that it will be acquired for $8.5 billion by Coach's parent company Tapestry (TPR). Yahoo Finance Live's Brad Smith and Julie Hyman break down the report.

Coach Owner Takes on European Luxury Giants

12:18pm, Thursday, 10'th Aug 2023
Tapestry's $8.5 billion acquisition of Capri won't solve all of the U.S. luxury company's problems.
Coach parent Tapestry will buy Michael Kors owner Capri Holdings in a deal valued at $8.5 billion, creating a U.S. fashion powerhouse to challenge larger European rivals for a bigger share of the glob
Deal brings brands Kate Spade, Stuart Weitzman, Jimmy Choo and Versace all under one roof
Michael Kors and Kate Spade are about to become siblings.
An $8.5bn deal is bringing the Jimmy Choo and Kate Spade brands under one roof. Tapestry Inc (NYSE:TPR), the parent company of Kate Spade and Coach, has announced its intention to acquire Capri Holdin

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07:50am, Thursday, 10'th Aug 2023
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