On November 6, Tapestry, Inc. announced its financial results for the first quarter of fiscal year 2026, reporting revenue of $1.7 billion, up 13% year over year (12% on a constant-currency basis)—a performance that exceeded market expectations.
Tag: Tapestry
On August 14, New York-based global company Tapestry, Inc. announced its fiscal 2025 fourth quarter and full-year results, reporting record annual revenue of $7 billion, fueled by robust growth at its flagship brand Coach.
On February 19, Tapestry, Inc. (NYSE: TPR) announced that it had signed an agreement to sell its luxury footwear brand Stuart Weitzman to Caleres (NYSE: CAL), a leading company in the footwear industry.
On November 14, Tapestry, Inc. announced that it has mutually agreed to terminate the merger agreement with Capri Holdings Limited.
The American luxury brand industry was shaken on October 24 as the U.S. District Court for the Southern District of New York halted Tapestry, Inc.’s ambitious $8.5 billion acquisition of Capri Holdings Limited.
On August 15th, American luxury conglomerate Tapestry, Inc. announced its financial results for the fourth quarter and full fiscal year 2024.
On May 9, Tapestry, Inc., an American conglomerate that owns brands such as Coach and Kate Spade New York, lowered its annual sales forecast due to weak sales.
On the 10th of this month, Tapestry, Inc., owner of brands such as Coach, Kate Spade, and Stuart Weitzman, made headlines when it announced that it would acquire Capri Holdings, owner of fashion brands such as Michael Kors, Versace, and Jimmy Choo, for approximately $8.5 billion.
Tapestry, the parent company of Coach, is acquiring Capri Holdings, which owns fashion brands such as Michael Kors, Versace, and Jimmy Choo. The purchase price is approximately $8.5 billion.