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Tapestry, the fashion house behind Coach and Kate Spade, announced plans to acquire Michael Kors' parent company Capri Holdings in a $8.5 billion deal.
U.S. stock index futures early Thursday point to gains at the opening bell. Just as well: the S&P 500 SPX has lost ground in six of the last seven sessions.
The merger would leave the combined company better placed to compete with the likes of LVMH Moët Hennessy Louis Vuitton and Gucci parent Kering.
The deal would be one of the biggest fashion tie-ups in recent years.
Tapestry is positioned well in the fashion industry due to its strong brands Coach and Kate Spade, with Coach showing signs of improved growth. Margins have remained stable, but improvement in the per

Barclays Upgrades Tapestry

10:36pm, Tuesday, 01'st Aug 2023
Fintel reports that on August 1, 2023, Barclays upgraded their outlook for Tapestry (NYSE:TPR) from Equal-Weight to Overweight.

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05:55pm, Friday, 14'th Jul 2023
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Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both Tapestry (TPR) and Kering SA (PPRUY). But which of these two stocks offers value investors a better bang fo
Tapestry (TPR) benefits from its business strength, strong omnichannel capabilities, and focus on product innovation and diversification.

Tapestry: Decent Price, Decent Prospects

08:52pm, Tuesday, 11'th Jul 2023
Tapestry is seeing growth in China and among Gen Z customers but faces challenges in the US, its biggest market, due to potential interest rate hikes and recession. Strategic efforts to woo Gen Z shop
Tapestry (TPR), Urban Outfitters (URBN), Abercrombie & Fitch (ANF) and Stitch Fix (SFIX) have been focusing on the superior product strategy, the advancement of omnichannel capabilities and prudent ca
Market watchers have been calling for an earnings recession since the end of 2022. That's because there's an expectation that high inflation coupled with rising interest rates could lead to contractin
Tapestry, the parent company of Coach, Kate Spade, and Stuart Weitzman, is experiencing a demand slowdown after two years of significant growth post-pandemic. The company is sometimes mistakenly compa
Tapestry's (TPR) market share gains are a testament to its operational strength, iconic brand portfolio, digital initiatives and successful expansion into the domestic and international markets.
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