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…