Michael Kors Brings Jet-set Glamour to FTC vs. Tapestry Case [Yahoo! Finance]
Tapestry, Inc. (TPR)
Last tapestry, inc. earnings: 4/30 06:45 am
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Source: Yahoo! Finance
Michael Kors took the stand at a hearing that will likely determine who owns the brand he founded. Tapestry Inc. agreed to buy Michael Kors ' parent company Capri Holdings in an $8.5 billion deal last year that the Federal Trade Commission has sued to block on antitrust grounds. More from WWD The government argues that bringing Tapestry's Coach and Kate Spade brands together with Michael Kors would create a giant controlling 58 percent of the accessible luxury handbag market that would be able to raise prices on consumers , without boosting value. Over six days, the hearing, which will likely determine the fate of the deal, has turned on economic analysis, input from handbag competitors and many executives, including Tapestry chief executive officer Joanne Crevoiserat and Capri CEO John Idol Kors, chief creative officer at the brand he founded in 1981, brought a little style to the proceedings as he went over his background and talked about his current work life. Kors got
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TPR
News
- Tapestry, Inc. (NYSE: TPR) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- When Should You Buy Tapestry, Inc. (NYSE:TPR)? [Yahoo! Finance]Yahoo! Finance
- Tapestry, Inc. (NYSE: TPR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Taylor Swift's Handbag Signals Market Is Competitive, Michael Kors Tells Judge [BNN Bloomberg (Canada)]BNN Bloomberg
- Is Tapestry, Inc. (TPR) a Top Luxury Clothing Stock to Invest in Now? [Yahoo! Finance]Yahoo! Finance
TPR
Earnings
- 8/15/24 - Beat
TPR
Sec Filings
- 9/27/24 - Form ARS
- 9/27/24 - Form DEFA14A
- 9/27/24 - Form DEF
- TPR's page on the SEC website