Here’s what comes next for Tapestry and Capri after the death of their major fashion merger
For Tapestry, which gets 76% of its revenue from Coach, a mature brand, the goal of the merger was to find new sources of growth. For Capri, Tapestry's strong data, marketing and real estate capabilities, would have potentially helped Michael Kors, Versace and Jimmy Choo end their long-time slumps.
7hon MSN
Fashion company Tapestry says it's terminating its proposed merger with Capri because the two luxury groups don't expect to ...
1don MSN
Satellite TV provider DirecTV is walking away from its planned acquisition of EchoStar's video distribution service, Dish DBS ...
Adjusted operating margin dropped to 3.0% from last year's 12.2%. The company offered no guidance due to the uncertainty ...
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