Tapestry Stock In Focus After Deal To Sell Stuart Weitzman To Caleres: Retail’s Cautious
Shares of Tapestry Inc. slipped 0.3% in after-hours trading on Wednesday after the company’s announcement that it plans to sell the footwear brand Stuart Weitzman to Caleres (CAL) for $105 million in cash,
Tapestry Pens Pact to Sell Stuart Weitzman Brand to Caleres for $105 Million in Cash
Tapestry Inc. says it has penned an agreement to sell the Stuart Weitzman brand to Caleres, a portfolio of footwear brands, for $105 million in cash
Tapestry is selling Stuart Weitzman to focus on Coach, Kate Spade after Capri deal falls through
The news comes just months after a federal judge blocked Tapestry’s planned $8.5 billion acquisition of Michael Kors parent Capri Holdings Ltd.
Coach parent Tapestry to sell Stuart Weitzman footwear brand for $105 million
Coach parent Tapestry will sell its Stuart Weitzman brand to Dr Scholl's footwear owner Caleres for $105 million in cash, the companies said on Wednesday. The divestment comes months after Tapestry said it was focused on driving growth for its organic business and had "significant runway ahead" following a derailed $8.
Tapestry to Sell Stuart Weitzman to Caleres for $105 Million
Tapestry has struck a deal to sell its Stuart Weitzman shoe brand to footwear seller Caleres for $105 million in cash.
Footwear Specialist Caleres Acquires Stuart Weitzman Brand From Tapestry
Footwear expert Caleres has reached an agreement to acquire Stuart Weitzman shoe brand from Tapestry for a bargain price of $105 million. It's a win/win for both companies.
Tapestry, Inc. (TPR): Among Stocks That Analysts Think Will Go Up
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ServiceNow initiated with a Buy at Redburn Atlantic
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Redburn Atlantic upgrades Tapestry on Coach momentum
Inc to Buy on strong brand momentum at Coach and renewed focus on organic growth following the collapse of its planned acquisition of Capri Holdings (NYSE:CPRI).
Upstart Holdings, Inc. (NASDAQ:UPST) Given Consensus Rating of “Hold” by Brokerages
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Redburn Atlantic Upgrades Walt Disney (DIS)
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Netflix ad growth could drive upside, Redburn Atlantic says
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Salesforce initiated with a Buy at Redburn Atlantic
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