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01 Apr, 2020
Coach Owner Tapestry Reports Better-than-Expected Earnings
Tapestry Inc. (NYSE: TPR) on Tuesday reported sales and earnings that beat estimates, driven by strong sales from its Coach brand.Tapestry said net sales rose 35 percent to $1.79 billion in the quarter ended December 30, 2017. Analysts polled by Tho..
Coach to Become Tapestry Inc.
On Wednesday, Coach Inc. (NYSE: COH) announced plans to change their corporate name to Tapestry Inc. Shares dropped 2% in early trading after the announcement that Tapestry will be the holding company that will house their Coach, Kate Spa..
Michael Kors buys Jimmy Choo for $1.2 Billion
According to Reuters, U.S. retailer Michael Kors Holding Ltd (NYSE: KORS) agreed to buy luxury shoemaker Jimmy Choo PLC for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers f..
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