8 Followers USX:TPR - Tapestry Inc Tapestry Inc
Sector: Consumer Discretionary, Industry: Apparel, Accessories & Luxury Goods
Next Earnings: 9 May 2024
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USD 40.31    -0.31 (-0.76%)

22 Apr 2024


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General

CEO: Ms. Joanne C. Crevoiserat

IPO: 2000-10-05

Headquarters: US

Employees: 12,600

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Description

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 (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere. Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women’s handbags and accessories produced 69% of Tapestry's sales in fiscal 2023. Stuart Weitzman (4% of sales) generates nearly 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.

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