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...The owner of Kate Spade and Coach expects fiscal year 2024 revenue to be flat at $6.6bn, down from previous guidance and analysts’ expectations of $6.7bn....
...Tapestry: The owner of brands such as Coach, Kate Spade and Stuart Weitzman is expected to report a slight decrease in revenues to $1.5bn, according to analysts polled by Refinitiv, as luxury spending softens...
...Tapestry owns Coach and Kate Spade while Capri sells Michael Kors. When the deal was announced last summer, there was little concern that the combination would be blocked....
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...Tapestry, owner of fashion brands Coach, Kate Spade and Stuart Weitzman, has agreed to buy Capri Holdings, home to luxury labels Versace, Jimmy Choo and Michael Kors, for about $8.5bn....
...The owner of Kate Spade and Coach expects 2023 revenue to increase by 2 to 3 per cent to $6.7bn, down from previous guidance of 3 to 4 per cent....
...Companies: Tapestry, the owner of brands such as Coach, Kate Spade and Stuart Weitzman, publishes results....
...Kate Crawford, a research professor at USC Annenberg who specialises in the societal impacts of AI, said: “Without better transparency and more reporting on the issue, it’s impossible to track the real environmental...
...Kate Shiber wondered why there was so much hurry-up-and-wait in investment banking....
...VinFast’s business combination with Black Spade is formally a de-Spac....
...During the last decade of her life, she landed campaigns with companies including Kate Spade, Magnum and eBay and worked on limited-edition collaborations with the likes of H&M and Mac Cosmetics....
...The regulator is arguing that there’s an important distinction between the likes of Kate Spade (which Tapestry also owns) and Louis Vuitton....
...Tapestry, the company behind Coach, Kate Spade and Stuart Weitzman, is making a multibillion-dollar bet that it can change that....
...“It will allow the underwriters also to do more from a sales perspective, to travel more,” said Kate Markham, chief executive of Hiscox’s London market division....
...VinFast shares rose 255 per cent after it joined markets through a merger with blank-cheque company Black Spade Acquisition. The rare Vietnamese listing is good publicity....
...“She got up and stood there holding her stupid knock-off Kate Spade bag or whatever it was, her hair pulled back into a ponytail and crowned with a useless, plastic, tortoiseshell headband,” notes the narrator...
...Instead, the Vietnamese group opted to merge with the Hong Kong-based blank-cheque company Black Spade Acquisition and not raise outside money....
...Soho House has famously been on the hunt for more creative types to become members of the exclusive hospitality group, which has hosted celebrities such as Kate Moss and Prince Harry....
Tech giant pledges to allow developers to use alternatives to its Google Play billing system in the UK
...New York-based Tapestry, which owns the Coach, Kate Spade and Stuart Weitzman brands, said it would pay $57 a share for Capri, almost 60 per cent above the average price over the past 30 days....
...That bet paid off in spades when the energy crisis electrified profits in the sector, doubling his fortune to more than $10bn over the past year....
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