Tapestry Takes a Tumble: Tariff Troubles and Disappointing Outlook Send Shares Plummeting New York, NY – Tapestry Inc. (
NYSE: TPR ), the parent company of iconic luxury brands Coach, Kate Spade, and Stuart Weitzman, saw its shares plummet by a staggering 16% recently, making it one of the leading decliners on the S&P 500 (
NYSEARCA: SPY ). This significant drop was triggered by a
Prada Credits Centuries-Old Indian Kolhapuri Craftsmanship Behind Open-Toe Sandals Design Unveiled At Milan Show The Kolhapuris, sold for as little as $12 a pair in Indian streets, take their name from the namesake city in India’s southern state of Maharashtra.
Versace Sale Would Support Parent Capri Holdings Lean Portfolio: Analyst Capri Holdings gets price forecast boost as analyst sees long-term margin gains from brand shifts, but flags tariff-driven cost risks for FY26.
Capri Trims Full-Year Outlook, But Profit Grip And Strategic Divestitures Keep Bulls Around Despite a generally poor outlook, the sentiment among retail investors on Stocktwits shifted to ‘extremely bullish’.
Wall Street Stalls As Treasury Yields Climb Again Ahead Of Nvidia Earnings, Fed Minutes: What's Driving Markets Wednesday? After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled midweek as rising Treasury yields reasserted pressure ahead of Nvidia Corp.
Capri Holdings Q4: Earnings Miss, Margins Squeeze Amid Sales Slump And Tariff Uncertainty Capri Holdings posts wider-than-expected Q4 loss on $545M tax charge, margin pressure, and tariff-related uncertainty despite beating revenue estimates.
World’s Biggest Luxury Brand Still Struggles As China Troubles Loom Large - Report LVMH reportedly tempered investor expectations for the current quarter; the warning might weigh down the sentiment for global luxury retail firms.
Deal Dispatch: Harley-Davidson To Wipe Out? Plus, Prada's Versace Purchase Garners A Fashionable Price Things are hog wild at Harley-Davidson; Plus, Impresoft, Keros Therapeutics and Rivalry Corp. are all itching for a deal.
Versace Exit Is Capri's Big Bet On Michael Kors Revival, Says Analyst Capri Holdings plans to sell Versace to Prada for $1.375 billion in cash, aiming to boost its balance sheet and reinvest in Michael Kors.
