Tapestry dodged a bullet by canceling its acquisition of Capri Holdings. It is freed from taking on the many problems at Capri just as the global luxury market declines.
Joanne Crevoiserat, Tapestry CEO, joins 'Squawk on the Street' to discuss the company's abandoned merger with Capri, if it's secretly a blessing in disguise, and much more.
Tapestry and Capri Holdings have called off their $8.5 billion merger. Tapestry owns brands like Coach and Kate Spade, while ...