Coach owner Tapestry to acquire Michael Kors, Jimmy Choo parent Capri Holdings for $8.5 billion

[ad_1] A man rides a bicycle past a Gianni Versace store in Beijing, China. Nelson Ching | Bloomberg | Getty Images Tapestry, the fashion conglomerate behind Coach and Kate Spade,…

Stocks making the biggest moves midday: Tesla, IBM, American Express, AT&T and more

[ad_1] Stocks making the biggest moves midday: Tesla, IBM, American Express, AT&T and more  CNBC [ad_2] Source link

Luxury brands diverge: Tapestry stock rises while Capri slides after earnings

[ad_1] Florida, Orlando Vineland Premium Outlets, Coach leather goods sign outside entrance. Jeff Greenberg | Universal Images Group | Getty Images Tapestry, the company behind Coach and Kate Spade, beat…

Michael Kors-owner Capri shares plunge after revenue falls across the retailer’s luxury brands

[ad_1] A general view outside of a Michael Kors location Christopher Jue | Michael Kors | Getty Images Shares of Michael Kors-owner Capri Holdings plunged 20% in early trading Wednesday…

Canada Goose and other retail stocks will see a lift from China’s reopening, according to Wells Fargo

[ad_1] Chinese shoppers are likely poised to hit the streets again during the country’s reopening, a positive tailwind for certain retail stocks, according to Wells Fargo. “With the Lunar New…