Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The latest update is out from Capri Holdings ( (CPRI) ).
Capri Holdings Limited and Tapestry, Inc. have mutually agreed to terminate their merger agreement due to regulatory hurdles, with Tapestry compensating Capri $45 million. Capri plans to refocus on growth through strategic initiatives across its brands, including enhancing digital capabilities, optimizing retail operations, and emphasizing brand desirability. This shift aims to leverage Capri’s strong brand portfolio, extensive retail network, and financial strength to engage consumers and drive future growth.
For a thorough assessment of CPRI stock, go to TipRanks’ Stock Analysis page.
