The Latest Breaking News from Tapestry

Tapestry stands out as a stock to sell during the richcession, thanks to a cloudy sales outlook and a valuation that still looks too rich.

Founders Arian Simone and Ayana Parsons spoke about the lawsuit Thursday: “We are not scared,” said Simone.

Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.18%. Stocks on Thursday closed slightly higher, with the Dow...

The major market indexes closed up after Thursday's inflation data, but finished well off their session highs.

Tapestry’s purchase of three big fashion names gives it heft. But LVMH and Kering have the front row to themselves

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.16%. Today’s benign U.S. July CPI report bolstered the outlook...

Tapestry’s acquisition of Capri is a move to wield greater influence in the European-dominated luxury market and mitigate the effects of slowed consumer spending.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.90%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.22%. Stocks this morning are moderately higher, with the Dow...

Morning Markets September E-Mini S&P 500 futures (ESU2 3) this morning are up +0.54%, and Sep Nasdaq 100 E-Mini futures (NQU2 3) are up +0.80%. Stock indexes this morning are moderately higher after the weaker-than-expected U.S. Jul CPI report bolstered the outlook for the Fed to pause its interest rate...

The merger creates a business with global sales of more than $12 billion a year and annual profits of close to $2 billion