Stuart Weitzman
Tapestry said to be close to selling Stuart Weitzman
As it defends its 8.5 billion USD acquisition of Capri Holdings in court, several sources have come forward to say that Tapestry is close to selling the luxury shoe brand Stuart Weitzman
Tapestry reports a successful year
The New York-based company has reported a successful fiscal year 2024 against a challenging macroeconomic backdrop and despite a sharp decline in the Stuart Weitzman brand
Tapestry raises full year earnings guidance
The owner of Coach, Kate Spade and Stuart Weitzman has raised its earnings guidance for fiscal 2024 after posting better-than-expected revenue and profit growth in the second quarter
Tapestry’s sales growth slows down
The US-based company posted record net sales of 1.51 billion US dollars in the first quarter of fiscal 2024, but a figure only slightly higher than the one recorded a year ago
Tapestry acquires Capri in 8.5 billion US dollars deal
The two houses announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction the total enterprise value will be of approximately 8.5 billion US dollars
Tapestry delivers record second quarter earnings
The owner of Coach, Kate Spade and Stuart Weitzman posted record earnings per diluted share of 1.36 US dollars in the second quarter of FY 2023, even though net sales fell by 5% year-over-year
Tapestry announces first quarter results
The owner of Coach, Kate Spade and Stuart Weitzman posted net sales growth of 2% in the first quarter of fiscal 2023, year-over-year, lowering its previous guidance for the full year
Tapestry posts record yearly revenue
Despite reporting a weak fourth quarter, the owner of Coach, Kate Spade and Stuart Weitzman posted a record revenue of 6.7 billion US dollars over fiscal 2022, exceeding pre-pandemic levels
Tapestry donates 3 million USD to World Wildlife Fund
The Tapestry Foundation will provide a 3 million US dollars grant to support the development of an innovative system to enhance the traceability of the leather value chain in Brazil
Tapestry announces record quarterly sales
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, improved its outlook for fiscal 2022 after reaching 2.14 billion US dollars revenue in the second quarter
Stuart Weitzman aiming to achieve profitability this year
Tapestry, the US-based group owning Stuart Weitzman, believes the brand will become profitable again in the current fiscal year. A restructuring process of the company is underway
Stuart Weitzman reduces losses substantially
In the fiscal third quarter ended on the 27th of March 2021, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenue and a reduction in expenses- 1
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