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Tapestry and Capri Announce a Luxury Mega Merger
Posted inChoo, Jimmy, Ltd Company Reports Fashion and Apparel Idol, John D Kate Spade & Co Luxury Goods and Services Mergers, Acquisitions and Divestitures Stuart Weitzman Holdings LLC Tapestry Inc Versace, Gianni, SpA

Tapestry and Capri Announce a Luxury Mega Merger

The two fashion conglomerates, Tapestry and Capri Holdings, generate about $12 billion in combined revenue.
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Posted by By Jordyn Holman
How Long Will Companies Keep Raising Prices on Consumer Goods?
Posted inCompany Reports Consumer Behavior Food Inflation (Economics) Kellogg Company Kraft Heinz Company Prices (Fares, Fees and Rates)

How Long Will Companies Keep Raising Prices on Consumer Goods?

As companies reported their latest quarterly earnings, their executives were frequently asked about their next moves on pricing.
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Posted by By J. Edward Moreno
For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch
Posted inAmusement and Theme Parks Company Reports Disney Plus Disney, Walt, World (Lake Buena Vista, Fla) Iger, Robert A Video Recordings, Downloads and Streaming Walt Disney Company

For Disney, Streaming Losses and TV’s Decline Are a One-Two Punch

The company has lost more than $11 billion on streaming since 2019 and experienced a sharp decline in its traditional TV business for the second straight quarter.
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Posted by By Brooks Barnes
WeWork Cites ‘Substantial Doubt’ That It Can Stay in Business
Posted inCompany Reports Credit and Debt Mathrani, Sandeep Neumann, Adam Real Estate (Commercial) Renting and Leasing (Real Estate) SOFTBANK Corporation Stocks and Bonds WeWork Companies Inc

WeWork Cites ‘Substantial Doubt’ That It Can Stay in Business

The co-working company will seek to raise capital as it searches for a chief executive. Its battered stock plunged further.
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Posted by By Peter Eavis

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