Information Provided By: 
Fly News Breaks for August 29, 2019
TPR
Aug 29, 2019 | 08:13 EDT
As reported previously, Cowen analyst Oliver Chen downgraded Tapestry to Market Perform from Outperform. The analyst cited the lack of upside at Kate Spade, product changes necessary at Kate, and the time and risk on related improved customer reception. He also said he is cautious on Kate Spade and Coaches' exposure to promotional North American outlet malls. Chen maintained his $22 price target on Tapestry shares.
News For TPR From the Last 2 Days
TPR
Apr 15, 2024 | 10:02 EDT
Tapestry (TPR) disclosed that the and the European Commission approved its pending acquisition of Capri Holdings (CPRI) unconditionally today. At this time, the only outstanding antitrust regulatory approval or clearance for the transaction is in the United States, Tapestry added. The parties have obtained antitrust regulatory approval or clearance for the transaction in all other jurisdictions for which regulatory approval or clearance is a closing condition.
