Tapestry lifts 2024 profit forecast on China demand rebound, strong margins

[ad_1] By Reuters Published Feb 9, 2024 Coach parent Tapestry raised its annual profit forecast on Thursday, betting on full-price sales of its premium handbags and early signs of a demand recovery in key market China. See catwalkCoach – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics Tapestry’s shares closed 6.5% higher […]

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Bill Gross sticks to wager on Michael Kors owner even as doubts linger on deal

[ad_1] By Bloomberg Published Jan 10, 2024 Bill Gross is sticking with his wager on Capri Holdings Ltd. even as traders worry that a proposed takeover of the Michael Kors parent won’t win regulatory approval. See catwalkMichael Kors – Spring-Summer2024 – Womenswear – Etats-Unis – New York – © Launchmetrics “I still like CPRI for […]

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