Tapestry

Retail Asia18/09/2019

New York-based luxury accessories and lifestyle house Tapestry has ousted its CEO suddenly due to the company’s poor sales results and plunging share price. Tapestry – parent of Coach, Stuart Weitzman and Kate Spade – has lost more than half of its value within the last year, from US$50 to $20.44 on Tuesday. The company […]

Retail Asia06/11/2018

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One year into its major push to become an American luxury conglomerate, things appear to be moving in the right direction at Tapestry, which recently posted first-quarter results that topped expectations across the board. The firm — parent of Coach, Kate Spade and Stuart Weitzman — said its Q1 sales advanced 7 percent to $1.38 billion, driven mostly by the flagship Coach brand but […]

Retail Asia16/08/2018

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Tapestry growth continues to be boosted by the inclusion of Kate Spade. The US apparel retailer has reported fourth-quarter revenue of US$1.48 billion and a net income of $211.7 million. A 31 per cent uplift in sales is the result of the acquisition of the Kate Spade business subsequent to the fourth quarter of the […]

Retail Asia03/05/2018

Luxury fashion giant, Tapestry, has posted solid third quarter growth, boosted by strong sales from its Coach brand. Tapestry posted a 33 per cent increase in net sales for the quarter ending March 31 to $1.32 billion compared to the previous corresponding period, and relatively strong results from Coach where overall sales rose six per cent. […]

Retail Asia08/02/2018

Tapestry, the fashion retailer formerly known as Coach, has taken back operational control of its Kate Spade China joint ventures in Hong Kong, Macau, Taiwan and the mainland. CEO Victor Luis described the move as “an important business development initiative” and part of a plan by the group to assume greater direct control over its […]

Retail Asia17/11/2017

Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall. Hadid, face of the F/17 ad campaign has created the Eyelove and Eyelovemore ranges, pointed-toe mules which represent the first project for Stuart Weitzman’s new creative director Giovanni Morelli. With hadid, he modified an existing brand silhouette to […]

Retail Asia10/11/2017

The leather goods company formerly known as Coach Inc., Tapestry, has reported earnings for the first time since the name change. Tapestry, which is in the midst of a major rebranding, posted a 24.2 per cent increase in revenue to $1.29 billion and a net loss of $17.7 million compared with a profit of $117.4 […]

Retail Asia12/10/2017

To better incorporate all of the brands it now owns, luxury goods company Coach of New York is changing its name to Tapestry. The company that came to prominence in the Mad Men era now owns brands like Stuart Weitzman and Kate Spade & Co as well. Chief executive Victor Luis said on Wednesday the […]

Tag: Tapestry

Tapestry CEO dumped as share price plunges

Coach & Kate Spade power Tapestry sales

Coach boosts Tapestry growth

Coach boosts Tapestry’s sales results

Tapestry takes back Kate Spade China business

Stuart Weitzman taps Gigi Hadid for footwear range

Tapestry sales report

Luxury retailer Coach rebrands to ‘Tapestry’