Kyle Hagee
๐ค SpeakerAppearances Over Time
Podcast Appearances
I think they're going to continue going into live sports, because that is the one thing that linear TV has always said, we still have live sports, it's going to keep people buying these large cable packages. Netflix is now moving into that territory. I think it's a great expansion by the company. Let's move on to this Coach Tapestry merger news.
In 2023, we learned that Lena Kahn doesn't like luxury. No, I'm not talking about handbags. I'm talking about the companies that own the companies that own the handbags. Now, if you remember in 2023, the FTC sued Coach parent company Tapestry and Versace parent company Capri to stop them from merging, citing it would decrease competition in the marketplace.
In 2023, we learned that Lena Kahn doesn't like luxury. No, I'm not talking about handbags. I'm talking about the companies that own the companies that own the handbags. Now, if you remember in 2023, the FTC sued Coach parent company Tapestry and Versace parent company Capri to stop them from merging, citing it would decrease competition in the marketplace.
In 2023, we learned that Lena Kahn doesn't like luxury. No, I'm not talking about handbags. I'm talking about the companies that own the companies that own the handbags. Now, if you remember in 2023, the FTC sued Coach parent company Tapestry and Versace parent company Capri to stop them from merging, citing it would decrease competition in the marketplace.
And now the brands have officially called off the merger, and they're actually pursuing different goals to achieve their desired growth. Tapestry, which owns, again, a number of brands, coach Kate Spade, actually said it was going to do stock buybacks. They're doing a $2 billion stock buyback program.
And now the brands have officially called off the merger, and they're actually pursuing different goals to achieve their desired growth. Tapestry, which owns, again, a number of brands, coach Kate Spade, actually said it was going to do stock buybacks. They're doing a $2 billion stock buyback program.
And now the brands have officially called off the merger, and they're actually pursuing different goals to achieve their desired growth. Tapestry, which owns, again, a number of brands, coach Kate Spade, actually said it was going to do stock buybacks. They're doing a $2 billion stock buyback program.
Capri, the owner of Versace, Michael Kors, Jimmy Choo, on the other hand, said it was going to focus more on remarketing efforts, changing its retail footprint, and kind of aligning product offerings to new consumer preferences. So, very different strategies. How is the market responding to this news? Tapestry shares soared. Capri shares are down.
Capri, the owner of Versace, Michael Kors, Jimmy Choo, on the other hand, said it was going to focus more on remarketing efforts, changing its retail footprint, and kind of aligning product offerings to new consumer preferences. So, very different strategies. How is the market responding to this news? Tapestry shares soared. Capri shares are down.
Capri, the owner of Versace, Michael Kors, Jimmy Choo, on the other hand, said it was going to focus more on remarketing efforts, changing its retail footprint, and kind of aligning product offerings to new consumer preferences. So, very different strategies. How is the market responding to this news? Tapestry shares soared. Capri shares are down.
Personally, I just don't think the companies should emerge because Coach and Versace obviously clash. But what do I know? And what's your take on this luxury merger call-off story?
Personally, I just don't think the companies should emerge because Coach and Versace obviously clash. But what do I know? And what's your take on this luxury merger call-off story?
Personally, I just don't think the companies should emerge because Coach and Versace obviously clash. But what do I know? And what's your take on this luxury merger call-off story?
I think they should just send us some Versace. We'll wear it on the show and it'll boom.
I think they should just send us some Versace. We'll wear it on the show and it'll boom.
I think they should just send us some Versace. We'll wear it on the show and it'll boom.
Contractually, I cannot mention any competitors on the show. Craig, I wish you the best of luck, but you're going up against some heavy hitters in the morning of our daily show. So good luck out there, Craig.
Contractually, I cannot mention any competitors on the show. Craig, I wish you the best of luck, but you're going up against some heavy hitters in the morning of our daily show. So good luck out there, Craig.
Contractually, I cannot mention any competitors on the show. Craig, I wish you the best of luck, but you're going up against some heavy hitters in the morning of our daily show. So good luck out there, Craig.
Yeah, bring it on, Craig. Bring it on. I wish them the best. Let's move on to our last story here, which is a story you're going to want to listen to because it's going to allow you to win the most fun conversation at happy hour competition for people in Southern California claimed their cars were trashed by a bear.