Suzanne Kapner,

Suzanne Kapner is a business journalist who covers the luxury retail industry. She has reported on major corporate changes and rebranding efforts, such as Coach Inc.'s transformation into Tapestry Inc., which aimed to reflect the multiple brands under its umbrella, including Kate Spade and Stuart Weitzman. Kapner's work often explores the strategies of CEOs seeking to create American luxury conglomerates modeled after LVMH Moët Hennessy Louis Vuitton SE and Kering. She has also written about companies that rename themselves for various reasons, such as escaping unwanted associations or consolidating brands under a single name. Kapner's articles often provide insights into the corporate world and the motivations behind major business decisions.

Biography:  https://www.foxbusiness.com/features/coach-changes-its-name-to-tapestry

99%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

Bias

100%

Examples:

No current examples available.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

95%

Examples:

  • The transaction is expected to create a luxury retail powerhouse with approximately $10 billion in annual sales.

Deceptions

100%

Examples:

No current examples available.

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Saks Fifth Avenue and Neiman Marcus to Merge in $2.65 Billion Deal with Amazon as Minority Investor

Broke On: Wednesday, 03 July 2024 Saks Fifth Avenue and Neiman Marcus are merging in a $2.65 billion deal, with Amazon becoming a minority investor and provider of technology and logistics services. The new entity, Saks Global, is expected to receive regulatory approval within nine months and create a retail powerhouse with over $10 billion in annual sales.