Tapestry is selling Stuart Weitzman to focus on Coach, Kate Spade after Capri deal falls through - MarketWatch
1. Caleres acquires Stuart Weitzman from Tapestry for $105 million. 2. Tapestry retains Coach and Kate Spade brands, focusing on long-term success. 3. Recent merger block by FTC highlights shifting competitive landscape in retail. 4. Tapestry's stock showed strong performance despite regulatory setbacks. 5. Jefferies labels Tapestry as a top pick for 2025 with rising web traffic.