Tapestry Inc - Company Profile
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Tapestry Inc (Tapestry), is a designer and marketer of luxury accessories and lifestyle brands. The company’s product portfolio includes ready to wear, outerwear, hats, gloves, bags, small leather goods, wallets, footwear, jewelry, home decor, business cases, eyewear, travel bags, watches and other lifestyle products. It operates through a multi-channel network, including retail outlets, freestanding flagship, directly operated concession shop-in-shops, department stores and e-commerce channels. Tapestry offers products under Coach, Kate Spade, and Stuart Weitzman brand names. The company’s business operations span North America, Europe, the Middle East and Asia-Pacific. Tapestry is headquartered in New York City, New York, the US.
Headquarters
United States of America
Address
10 Hudson Yards, New York, 10001
Website
www.tapestry.com
Telephone
1 212 9468400
No of Employees
12,600
Industry
Retailing
Ticker Symbol & Exchange
TPR (NYSE)
Revenue (2022)
$6.7B
-0.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
9.3%
(2022 vs 2021)
Market Cap*
$9.4B
Net Profit Margin (2022)
XYZ
9.7%
(2022 vs 2021)
* As of and is in US$
Tapestry Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Women's and Men's Bags: | Stuart Weitzman |
| Small Leather Goods | Kate Spade |
| Business Cases | Coach |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Regulatory Approval | In April, the company secured approval from the European Union and Japan to acquire Capri Holdings for US$8.5 billion. |
| 2024 | Contracts/Agreements | In March, the company partnered with Bluecore to incorporate the kate spade new york brand. |
| 2023 | Corporate Changes/Expansions | In December, Coach opened a store at the Palladium Ahmedabad, Gujarat, India. |
Competitor Comparison
| Key Parameters | Tapestry Inc | LVMH Moet Hennessy Louis Vuitton SE | Industria de Diseno Textil SA | Kering SA | Compagnie Financiere Richemont SA |
|---|---|---|---|---|---|
| Headquarters | United States of America | France | Spain | France | Switzerland |
| City | New York | Paris | A Coruña | Paris | Bellevue |
| State/Province | New York | Ile-de-France | - | Ile-de-France | - |
| No. of Employees | 12,600 | 192,287 | 154,519 | 48,964 | 33,959 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joanne Crevoiserat | Director; Chief Executive Officer | Executive Board | 2020 | 59 |
| Anne Gates | Chairperson | Executive Board | 2021 | 63 |
| Scott Roe | Chief Financial Officer; Chief Operating Officer | Senior Management | 2022 | 58 |
| Andrea Shaw Resnick | Chief Communications Officer | Senior Management | 2021 | - |
| David L. Casey | Chief Inclusion and Social Impact Officer | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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