Tapestry, Inc. (TPR)

Tapestry's stock has increased by 32.23% over the past six months and 97.36% from June 24, 2024, to June 20, 2025. Tapestry has consistently beaten earnings expectations for Q1, Q2 and Q3 2025. Redburn Atlantic and Barclays upgraded Tapestry's stock. Tapestry's attempted acquisition of Capri Holdings was blocked by the FTC. Tapestry signed an agreement to sell the Stuart Weitzman brand to Caleres for US$105 million.

Demand for Tapestry's luxury goods is subject to seasonality, peaking around holidays. Tapestry aims to be proactive with its production and inventory management throughout the year. The company leverages AI to analyze historical sales data, seasonality, and market trends to predict future demand and optimize inventory levels. Coach experienced a strong holiday season in Q2 FY2025, with handbags being a key gifting item.

Tapestry, Inc. is an American multinational fashion holding company based in New York City, operating in the accessible luxury segment of the retail trade sector. The company generates revenue through the design, manufacturing, and marketing of luxury accessories and apparel. Tapestry's portfolio includes three major brands: Coach New York, Kate Spade New York, and Stuart Weitzman. Its product offerings are diverse, encompassing women's handbags, accessories, men's bags, footwear, and ready-to-wear items. Tapestry utilizes a multi-channel distribution strategy, including retail stores, e-commerce platforms, wholesale partners, and outlet locations.

Tapestry, Inc. has a significant global presence, with operations in over 70 countries and key regions including North America, Europe, and Asia, with a strong presence in Greater China. The company's headquarters are located in New York City, USA, and it has other key offices and subsidiaries in countries such as the United Kingdom, Hong Kong, Netherlands, and China.

Tapestry and its brands have focused on corporate responsibility and sustainability, releasing its Fiscal Year 2024 Corporate Responsibility report. Tapestry was named to Newsweek's America's Greatest Workplaces for Mental Wellbeing 2025 and TIME 100 Most Influential Companies List in 2024. The company also received over 10 international awards in FY24 for being a top employer. The attempted acquisition of Capri Holdings was a significant event, but the FTC's lawsuit raised concerns about reduced competition.

Tapestry, Inc. has a mixed ownership structure, with approximately 73.28% of the company's stock owned by institutional investors, 0.49% held by insiders, and 26.22% by public companies and individual investors. Major institutional owners and shareholders include Vanguard Group Inc., BlackRock, Inc., and Fmr Llc, among others.