The Latest Breaking News from Capri Holdings

The S&P 500 Index ($SPX ) (SPY ) today is up (+0.31%), the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.76%. Dec E-mini S&P futures (ESZ24 ) are up +0.22%, and Dec E-mini Nasdaq futures...

The S&P 500 Index ($SPX ) (SPY ) Friday closed down by -0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.61%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up by +0.59%. Stocks on Friday settled mixed, with the Dow Jones Industrials falling...

September S&P 500 E-Mini futures (ESU24) are down -0.10%, and September Nasdaq 100 E-Mini futures (NQU24) are up +0.03% this morning as market participants geared up for U.S. weekly jobless claims data and the next round of quarterly results while also awaiting remarks from a Federal Reserve official.

One stock stood above all others in Wednesday’s unusual options activity. Capri Holdings’ May 17 $35 call had a Vol/OI ratio of 526.92, almost three times the next-highest ratio. Whoever was buying yesterday was right on the money. Here’s why.

FTC considers lawsuit to block Capri Holdings acquisition by Tapestry Inc., raising antitrust concerns in luxury fashion industry.

EU regulators to decide on Capri Holdings' acquisition of Tapestry Inc. Impact on fashion industry and luxury brands.

Tapestry, the luxury goods retailer, is expected to report lower revenues and earnings in its fiscal Q2 due to challenges in consumer spending and its upco...

The biggest luxury fashion M&A deal in decades, Tapestry's purchase of Capri Holdings, means new challenges for CEO Joanne Crevoiserat.

The luxury industry is anticipated to thrive due to the increased popularity of online shopping and social media influence on fashion trends. Given stable demand, investors might consider buying luxury stocks, Guess? (GES), Tapestry (TPR), and Urban Outfitters (URBN). Read on.