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Tapestry Stock Just Tumbled 15% Today – CFO Flags Greater Hit To Profit From Tariffs, Early Ending Of De Minimis Exemptions

Tapestry (TPR) CFO Scott Roe said on Thursday the luxury handbag maker was facing a greater-than-expected profit headwind from tariffs and duties, with the earlier-than-expected ending of de minimis ...
CNN

US court blocks handbag maker Tapestry’s $8.5 billion acquisition of rival Capri

A US judge blocked the pending $8.5 billion merger of US handbag and accessories maker Tapestry and Capri on Thursday, a victory for the US Federal Trade Commission in an industry where merger ...