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The Latest Breaking News from Tapestry

New York fashion week kicks off at city’s public library

Luxury brand Coach’s spring/summer 2024 launch almost upstaged by animal rights protest

The Guardian - UK

A Luxury Goods Stock to Avoid During the "Richcession"

Tapestry stands out as a stock to sell during the richcession, thanks to a cloudy sales outlook and a valuation that still looks too rich.

Barchart

The Fearless Fund founders have some strong words for the conservative activist group suing them

Founders Arian Simone and Ayana Parsons spoke about the lawsuit Thursday: “We are not scared,” said Simone.

Fortune

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Stock market today: Asian stocks decline after US inflation edges higher

Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

The Independent UK

Stocks Close Slightly Higher as Bond Yields Jump

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. Stocks on Thursday closed slightly higher, with the Dow...

Barchart

Stock Market Today: Stocks Notch Hard-Fought Win After July CPI Report

The major market indexes closed up after Thursday's inflation data, but finished well off their session highs.

Kiplinger

Versace’s new owner wants to be a big beast. But it’s no match for Europe’s behemoths

Tapestry’s purchase of three big fashion names gives it heft. But LVMH and Kering have the front row to themselves

The Guardian - UK

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Stocks Give Up Morning Gains After a Benign U.S. CPI Report Released

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Today’s benign U.S. July CPI report bolstered the outlook...

Barchart

Coach parent buys Versace and Michael Kors owner for $8.5 billion as U.S. big fashion races to catch up with billionaire Bernard Arnault’s European luxury giant LVMH

Tapestry’s acquisition of Capri is a move to wield greater influence in the European-dominated luxury market and mitigate the effects of slowed consumer spending.

Fortune

Stocks Climb on a Benign U.S. CPI Report

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.90%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...

Barchart

Stock Market Weakens But Slightly Green; Leading Biotech Plummets

The stock market pulls back from the day's highs. Yeti outdoor products stock popped after the company reported earnings.

Investors Business Daily

Markets Today: Stocks Climb and Bond Yields Fall on Supportive U.S. Inflation News

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.54%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.80%. Stock indexes this morning are moderately higher after the weaker-than-expected U.S. Jul CPI report bolstered the outlook for the Fed to pause its interest rate...

Barchart

Michael Kors Parent Spikes 58%. But Are Versace, Jimmy Choo Worth $8.5 Billion?

Coach parent Tapestry is buying Michael Kors and Versace owner Capri Holdings for $8.5 billion. CPRI stock soars 58%, TPR stock retreats.

Investors Business Daily

Coach owner buys Versace parent company to create new US luxury fashion giant

The merger creates a business with global sales of more than $12 billion a year and annual profits of close to $2 billion

Evening Standard

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The Independent UK

Coach parent Tapestry buying Capri, owner of Michael Kors and Versace, in $8.5 billion deal

Tapestry, parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings

Investors Business Daily

Apparel Maker Tapestry Stock Gets Technical Rating Upgrade

Tapestry shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

Tapestry Stock Clears Key Benchmark, Hitting 80-Plus RS Rating

Tapestry sees its Relative Strength Rating reach the 80-plus level.

Kiplinger

Best Consumer Discretionary Stocks to Buy Now

Consumer discretionary stocks have been challenging places to invest in, but these picks could overcome several sector headwinds.

Get all your
news in one place.

100’s of premium titles.
One news app.

Investors Business Daily

Dow Jones Dips As Nasdaq Flies; Meta Stock Rockets After Mark Zuckerberg 'Surprise'; Apple Earnings Miss

The Dow Jones fell as the Nasdaq flew. Meta Platforms rocketed as Mark Zuckerberg shared a surprise. Apple earnings missed views.

Investors Business Daily

Here's Why The Stock Market Should End The Year Higher; Tesla Leads These Potential Winners

Investors may be worried after the brutal stock market action of 2022. But stocks should go higher, with Tesla stock and Cisco among potential big winners.

Benzinga

Intel's Self-Driving Tech Firm Raises Over $800M In IPO, Alphabet Misses Q3 Earnings Expectations, Lyft Cuts Price For Monthly Subscription Plan: Top Stories Wednesday, Oct. 26

Benzinga

The Conversation

Facing the dual threat of climate change and human disturbance, Mumbai – and the world – should listen to its fishing communities

Coastal cities and settlements are at the forefront of climate disruption. Rising sea levels, warmer seas and changes in rainfall patterns are together creating conditions that mean misery for coastal dwellers.

Bristol Post

New Bristol taproom opens making brewing accessible to all

“Our fundamental view is that everyone has a contribution to make somewhere"

WEKU

An animal tranquilizer is making street drugs even more dangerous

The sedative xylazine is starting to permeate illegal opioids and cocaine. It does not respond to naloxone, an overdose reversal medication, and may be to blame for grisly injuries and infections.

Benzinga

Tapestry — Owner Of Fashion Brand Coach — Is A "Structural Pandemic Winner," Jefferies Says In Upgrade: What Else Impressed This Analyst?

Tapestry Inc (NYSE: TPR) has been through a culture change focusing on data-driven results, which should continue to drive progress, according to Jefferies.

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