The companies agreed to a $8.5 billion deal in August 2023 that would have united Capri, the maker of Versace, Jimmy Choo and Michael Kors shoes, handbags and accessories, with Tapestry, which ...
After losing a lawsuit against the FTC, both companies agreed to cancel the deal, calling the legal process “uncertain and ...
In addition to the repurchase program, Tapestry has reaffirmed its commitment to maintaining a strong dividend payout of $1.40 per share in fiscal year 2025. The company’s management is confident that ...