Tapestry amends outlook on soft US demand as Capri merger moves ahead

$ 25.50

4.9 (476) In stock

Strong sales in Asia, particularly China, helped to partially offset flat North America revenues driven by a wholesale dip. The Capri deal is on track for 2024.

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Coach parent Tapestry forecasts weak 2024 on soft U.S. demand

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Capri Holdings Limited - Tapestry, Inc. Announces Definitive Agreement to Acquire Capri Holdings Limited, Establishing a Powerful Global House of Iconic Luxury and Fashion Brands

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Cross-border deal is the only $10B-plus M&A transaction announced in August

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