Welcome to our dedicated page for Tapestry news (Ticker: TPR), a resource for investors and traders seeking the latest updates and insights on Tapestry stock.
Tapestry, Inc. (symbol: TPR) is a renowned global house of brands that unites the magic of Coach, Kate Spade New York, and Stuart Weitzman. The company excels in producing high-quality fashion and accessories, operating around 1,400 stores worldwide, including North America, Europe, and Asia. Each brand under the Tapestry umbrella is unique: Coach is celebrated for its affordable luxury leather products, Kate Spade is known for its vibrant patterns and graphics, and Stuart Weitzman specializes in women’s footwear. In fiscal 2023, Coach accounted for 75% of sales, Kate Spade contributed 21%, and Stuart Weitzman added 4%.
In a recent strategic move, Tapestry agreed to acquire Capri Holdings Limited, adding Michael Kors, Versace, and Jimmy Choo to its brand portfolio. This acquisition is expected to enhance Tapestry's market presence and product diversity. The company is also known for its commitment to social responsibility, making significant strides in sustainability and community support.
For instance, the Coach (Re)Loved & Repair Workshop achieved Gold-level TRUE Zero Waste Certification, reflecting its dedication to environmental sustainability. This initiative has successfully diverted over 90% of waste from landfills through recycling and reuse, among other methods. Tapestry also supports various philanthropic efforts, such as the Coach Foundation, which aims to expand educational opportunities through the
Tapestry, Inc. (NYSE: TPR) is set to hold a conference call on May 11, 2023, at 8:00 a.m. (ET) to discuss its fiscal 2023 third quarter results. The results will be announced earlier that morning via a press release. Investors can participate by dialing 1-866-847-4217 or 1-203-518-9845, using the Conference ID 2447089. The call will also be available via audio webcast on the company’s investor relations website. A telephone replay will be accessible for five business days post-call. Tapestry is known for its luxury brands including Coach, kate spade new york, and Stuart Weitzman, focusing on innovation and sustainability within the fashion industry.
FAQ
What is the current stock price of Tapestry (TPR)?
What is the market cap of Tapestry (TPR)?
