Luxury brands diverge: Tapestry stock rises while Capri slides after earnings

Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri's disappointing third quarter earnings.

Luxury brands diverge: Tapestry stock rises while Capri slides after earnings
Kate Spade owner Tapestry beat analyst expectations Thursday and raised its annual profit forecast, a day after Capri's disappointing third quarter earnings.