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Tapestry, Inc. is an American multinational fashion holding company. It is based in New York City and is the parent company of three major brands: Coach New York, Kate Spade New York and Stuart Weitzman. Originally named Coach, Inc., the business changed its name to Tapestry on October 31, 2017. [4]
When it was announced last year, the acquisition of Capri by Tapestry was touted as a way to bring several famous brands under the same roof. Tapestry owns Coach, Kate Spade, and Stuart Weitzman ...
Tapestry's three brands—Coach, Stuart Weitzman, and Kate Spade—are all mainstays of the ever-evolving world of luxury retail. During the conversation they discuss what it means to be an ...
Prior to his resignation in 2020, Zeitlin was responsible for the execution of the company's strategic agenda and financial performance. Mr. Zeitlin was elected to Tapestry's Board of Directors in June 2006 and had served as the board chairman since November 2014. [28] In July 2020, Todd Kahn was appointed CEO and Brand President.
Capri is the parent company of Kors' eponymous brand, as well as Versace and Jimmy Choo. Tapestry, owner of Coach New York and Kate Spade, offered to buy Capri for $8.5 billion in 2023, [7] [8] but called off the acquisition after it was blocked by a federal judge the following year. [9]
The New York-based company reported on Thursday that its net sales for the fourth quarter of 2022 were $1.62 billion, an increase of 1% over last year.
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