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Select apparel and footwear stocks are breaking higher after a strong read on the apparel category within the December retail sales report calms investors fears somewhat frazzled over the cool vibe at ICR from some mall chains. Analysts say that some tariff risk is also bleeding off. Mor...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, announced today that it is donating $100,000 AUD to the Australian Red Cross in support of those affected by the country’s catastrophic bushfires. The pledge will help fund relief and rebuilding efforts for individuals ...
The apparel sector is reeling after a string of disappointing holiday sales reports from mall chains, including duds from Kohl's ( KSS -9.3% ) and J.C. Penney ( JCP -11.7% ). More news on: Kohl's Corporation, J. C. Penney Company, Inc., Oxford Industries, Inc., Consumer stocks news, St...
Jefferise thinks consumer discretionary stocks will outperform staples this year off a favorable macroeconomic backdrop and increase in the gap between Treasury yields and dividend yields. More news on: Starbucks Corporation, Energizer Holdings, Inc., Eldorado Resorts, Inc., Consumer stock...
Wells Fargo lifts its rating on Capri Holdings (NYSE: CPRI ) to Overweight after having the global fashion company slotted at Equal Weight More news on: Capri Holdings Limited, Consumer stocks news, Stocks on the move, Read more ...
Kate Spade, the brand, burst onto the New York fashion scene in the 1990s with a fresh approach to luxury handbags that quickly defined a new American luxe style. The look was minimalist and effortless yet bright and colorful. It scored big with the younger set and has remained popular over the ...
Tapestry (NYSE: TPR) and Capri Holdings (NYSE: CPRI) operate from the same conceit: that their aspirational leather goods and accessories business could be transformed into luxury design houses on the order of Kering or LVMH Moet Hennessy Louis Vuitton (OTC: LVMHF) (OTC: LVMUY) . Bo...
It's the most wonderful time of the year for retailers, who typically do their best business in the holiday season. Capri Holdings (NYSE: CPRI) is looking forward to the shopping blitz like many other companies. If you answered a luxury gift item, you're not alone. A Deloitte study found...
Capri Holdings Limited (NYSE:CPRI), a global fashion luxury group, is pleased to announce that it has signed a definitive agreement to acquire Italian atelier and shoe manufacturer Alberto Gozzi S.r.L. in Pistoia, Tuscany. The transaction is expected to close in the Company’s fourth fi...
Tapestry, Inc. ( TPR ) aspires to be a global house of brands. However, poor execution to-date casts doubt on the viability of the strategy. Valuation is not low when compared to its peers. I would wait until a credible turn-around plan has been finalized and early results are evident before I...
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Capri Holdings Limited (NYSE: CPRI) today announced that it plans to report its first quarter fiscal 2025 financial results on Thursday, August 8, 2024, after the market closes via press release. Given the pending acquisition of Capri Holdings Limited by Tapestry, Inc., the Company does not inten...
2024-06-20 17:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...