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Coach and Gen Phoenix Showcase the Power of Legacy Meets Innovation at CES 2025
Prnewswire· 2025-01-07 14:32
LAS VEGAS, Jan. 7, 2025 /PRNewswire/ -- Coach, the "Original American House of Leather," and Gen Phoenix, a global leading sustainable manufacturer of recycled leather fiber material at scale, are taking the stage together at CES 2025 to share how their transformative partnership is changing the standard for sustainability in fashion – and unveil what's next in their industry-leading journey. Coach CEO and Brand President, Todd Kahn, and Gen Phoenix CMO and General Manager of Consumer, Elyse Winer, invite C ...
Tapestry Stock Still Has Bullish Momentum After 52-Week High
Schaeffers Investment Research· 2025-01-03 15:06
Subscribers to Schaeffer's Weekend Trader options recommendation service received this TPR commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters. Learn more about why Weekend Trader is one of our most popular options trading services.Retail parent Tapestry Inc (NYSE:TPR) is seeing a breakout above its early December high to a fresh 52-week peak. The stock appeared on two bullish screens pulled by Schaeffer’s Senior Quantitative Analyst ...
Tapestry: Coach Rebranding Holds Promise For Future Growth
Seeking Alpha· 2024-12-25 10:20
Tapestry (NYSE: TPR ) is the company that owns Coach (almost 80% of sales) and two secondary brands called Kate Spade and Stuart Weitzman. In recent times, the company has rebranded Coach to adapt to current fashion trendsMy name is María Fernanda and I'm currently studying an MBA. My inspiration investors are Warren Buffett, Peter Lynch and Terry Smith, so I look for quality companies at a reasonable valuation. I believe that, in the long term, fundamentals are what drive the share price, so I look to pred ...
All You Need to Know About Tapestry (TPR) Rating Upgrade to Strong Buy
ZACKS· 2024-12-18 18:01
Tapestry (TPR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings pictu ...
Zacks Industry Outlook Deckers, Tapestry, Abercrombie & Fitch and Torrid
ZACKS· 2024-11-25 07:15
For Immediate ReleaseChicago, IL – November 25, 2024 – Today, Zacks Equity Research Deckers Outdoor Corp. (DECK) , Tapestry, Inc. (TPR) , Abercrombie & Fitch Co. (ANF) and Torrid Holdings Inc. (CURV) . Industry: Shoes and ApparelLink: https://www.zacks.com/commentary/2374080/why-these-4-retail-apparel-shoes-stocks-are-worth-investing-in-now?art_rec=quote-stock_overview-zacks_news-ID02-txt-2374080The Retail - Apparel And Shoes industry, once a cornerstone of consumer spending and fashion trends, is currently ...
Tapestry Made The Right Decision To Go It Alone Without Capri Dragging It Down
Forbes· 2024-11-15 18:08
NEW YORK, NEW YORK - SEPTEMBER 13: A Coach store is seen on September 13, 2024 in New York City. ... [+] Tapestry, the parent company of Coach and Michael Kors, faces an antitrust trial brought on after a Federal Trade Commission lawsuit that seeks to stop the merger of Tapestry and Capri. If the merger, which was announced over a year ago, is approved it would place six fashion brands under a single company. (Photo by Michael M. Santiago/Getty Images)Getty ImagesTapestry announced it is canceling the acqui ...
Tapestry Confirms End of Merger Deal With Capri Holdings
ZACKS· 2024-11-15 16:55
Tapestry, Inc. (TPR) , the parent company of Coach, Kate Spade and Stuart Weitzman, announced today that it has mutually agreed with Capri Holdings Limited to end its planned $8.5 billion merger. Following the announcement, Tapestry’s stock surged 12.8%, reaching $57.81, while Capri Holdings saw a modest decline. Capri stock has dropped nearly 60% in 2024.On Thursday, Tapestry disclosed that legal challenges surrounding its proposed August 2023 merger are uncertain and unlikely to be resolved before the Feb ...
S&P 500 Gains and Losses Today: Government Contractors Lose Ground, Tapestry Rises
Investopedia· 2024-11-14 22:10
Key TakeawaysThe S&P 500 slipped 0.6% on Thursday, Nov. 14, 2024, as hotter-than-expected wholesale inflation data raised doubts about future interest-rate cuts.Shares of Leidos and Amentum moved lower amid an uncertain outlook and challenging competitive environment for government contractors.Tapestry shares surged after the Coach and Kate Spade parent called off its planned merger with fellow luxury brand holding company Capri. Major U.S. equities indexes slipped on Thursday as the latest Producer Price I ...
Tapestry Stock Could Extend Rally to 11-Years Highs
Schaeffers Investment Research· 2024-11-14 21:22
Tapestry Inc (NYSE:TPR) stock was last seen up 12.8%  to trade at $57.81, leading the S&P 500 Index (SPX) today. The retail stock, which is behind luxury brands Coach, Kate Spade, as well as Stuart Weitzman, is enjoying the Federal Trade Commission's (FTC) blockage of rival Capri Holding's (CPRI) $8.5 billion merger deal. TPR now boasts an 86.7% year-over-year lead, and is trading at its highest level since November 2013. Better yet, TPR's peak comes amid low implied volatility (IV) -- a combination that us ...
Coach Parent Tapestry Stock Soars, Capri Falls as Brands Call Off Merger
Investopedia· 2024-11-14 15:46
Key TakeawaysThe stocks of Tapestry and Capri Holdings moved in opposite directions Thursday after the brands called off a planned merger.Tapestry, which owns Coach and Kate Spade, said it will shift its capital to an expanded stock buyback program.Capri, the owner of Versace and Michael Kors, said it plans to introduce new marketing efforts and refocus its product line to improve sales. Shares of Tapestry (TPR) surged Thursday morning while Capri Holdings (CPRI) stock slipped after the parent companies of ...