A difficult wedding: Tapestry runs, Capri struggles

A difficult wedding: Tapestry runs, Capri struggles

While Tapestry and Capri Holdings are to be married, not all is well. The buyer (Tapestry) closed a successful quarter, Capri didn’t and saw its profits decrease. This confirms the fragility of Capri Holdings, which Tapestry admitted to have known and evaluated before signing the deal. Yet, some analysts are doubtful with regards to this…

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