World Footwear

Tapestry

Tapestry acquires Capri in 8.5 billion US dollars deal

Aug 10, 2023 / United States
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

Coach converts Boeing 747 into a retail concept store

Jul 6, 2023 / Malaysia
The luxury brand owned by Tapestry has unveiled an immersive retail concept store housed in a transformed 1981 Boeing 747-230B aircraft at Freeport A'Famosa Outlet in Malacca

Coach launches sub-brand focused on circularity

Apr 27, 2023 / United States
Coachtopia, co-created with a growing community of Gen Z members, was built according to circularity principles aiming to push for a transition to a fully circular fashion system

Tapestry delivers record second quarter earnings

Feb 14, 2023 / United States
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 retirement of COO Tom Glaser

Aug 5, 2022 / United States
The New York based fashion house, owner of brands Coach, Kate Spade and Stuart Weitzman, has also announced Scott Roe is to be appointed to the dual role of CFO & COO of Tapestry

Tapestry cuts outlook for 2022

May 17, 2022 / United States
Despite reporting a strong third quarter, the owner of Coach, Kate Spade and Stuart Weitzman, lowered its full year outlook, due to pressures related to the resurgence of COVID-19 in Mainland China

Tapestry donates 3 million USD to World Wildlife Fund

Apr 14, 2022 / United States
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

Feb 15, 2022 / United States
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

Coach partners up with Savory Institute

Jan 25, 2022 / United States
The subsidiary of Tapestry has teamed up with the Savory Institute’s Land to Market Programme to support the regenerative agriculture movement, reducing its impact on climate change

Tapestry raises full-year outlook

Nov 16, 2021 / United States
The New York-based luxury group, owner of Coach, Kate Spade and Stuart Weitzman, announced revenue growth of 26% in the first quarter of fiscal 2022, totalling 1.48 billion US dollars

Johanna W. Hanneke Faber joins Tapestry Board of Directors

Sep 1, 2021 / United States
New York-based house of modern luxury accessories and lifestyle brands announced that Hanneke Faber has been appointed to Tapestry’s Board of Directors. The appointment of Ms. Faber to the Board brings the membership to eleven, including ten independent directors

Tapestry establishes Foundation to promote equity and fight climate crisis

Aug 9, 2021 / United States
The New York-based house of luxury accessories and lifestyle brands has also announced the expansion of its Corporate Responsibility agenda. Tapestry intends to influence positive change for the industry

Stuart Weitzman reduces losses substantially

May 24, 2021 / United States
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

Tapestry: sales of the group up by 19%

May 10, 2021 / United States
The New-York based house of modern luxury accessories and lifestyle brands, reported results for the fiscal third quarter ended on the 27th of March 2021. Quarter results above expectations with sales up by 19%

Tapestry appoints Scott A. Roe CFO and Head of Strategy

Apr 30, 2021 / United States
The New York-based house of modern luxury accessories and lifestyle brands, announced Scott A. Roe will be the new CFO, effective from the 1st of June 2021 onwards. Mr. Roe will have responsibility for all finance functions as well as leading the Company’s Strategy and Consumer Insights teams
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