T

Tapestry
D

TPR

56.425
USD
1.14
(2.05%)
Market Closed
Volume
105,886
EPS
4
Div Yield
2.92
P/E
16
Market Cap
12,990,204,182
OverviewSignalsIdeasNews
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News

Title: Tapestry

Sector: Consumer Cyclical
Industry: Luxury Goods
Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (64% of fiscal 2024 sales), Europe, Asia (29% of fiscal 2024 sales), and elsewhere. Coach (76% of fiscal 2024 sales) is best known for affordable luxury leather products. Kate Spade (20% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2024. Stuart Weitzman (4% of sales) generates virtually all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo.