Op-Ed | Can Ralph Lauren and Coach Reboot American Luxury? In the realm of luxury fashion, European brands have long been considered the epitome of sophistication and status. However, recent developments in the industry have seen a shift in consumer preferences, with many turning away from European luxury giants due to dramatic price hikes. This […]
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million
Coach Parent Tapestry to Sell Stuart Weitzman Footwear Brand for $105 Million In a strategic move to streamline its portfolio and focus on organic growth, Coach parent company Tapestry has announced the sale of the iconic Stuart Weitzman footwear brand for a significant $105 million. This decision comes on the heels of Tapestry’s commitment to […]
Tapestry Boosts Annual Outlook on Coach Strength
Tapestry Boosts Annual Outlook on Coach Strength Luxury fashion conglomerate Tapestry, the parent company of Coach, is setting its sights high for the current fiscal year. The company recently announced a bullish outlook, anticipating revenue to surpass $6.85 billion. This optimistic forecast comes as a result of the strength and resilience displayed by one of […]
The Coach-Michael Kors Deal Has Its Day in Court
The ongoing tensions between the luxury fashion world and regulatory bodies have come to the forefront with the recent court trial involving Tapestry, the parent company of Coach, and the Federal Trade Commission (FTC). The trial commenced just hours before Coach’s spring/summer 2025 runway show in New York, where the brand showcased an array of […]