Tapestry Inc. is a leading American luxury fashion holding company that encompasses a portfolio of renowned brands, including Coach, Kate Spade, and Stuart Weitzman. The company's mission is to empower the modern consumer through innovative and high-quality products that reflect their individuality and lifestyle. Tapestry Inc. employs a strategy focused on digital transformation, sustainability, and global expansion to enhance customer engagement and drive growth. Through its operations, Tapestry Inc. emphasizes craftsmanship, creativity, and inclusivity, aiming to create a lasting impact in the luxury market while fostering a strong connection with its diverse clientele.

TAPESTRY INC

Tapestry Inc. has announced a definitive agreement to sell its luxury footwear brand, Stuart Weitzman, to Caleres for $105 million in cash. This strategic decision comes as Tapestry seeks to streamline its operations and concentrate on its core brands, Coach and Kate Spade. The sale follows the company's recent challenges,...

Tapestry Sells Stuart Weitzman to Caleres for $105 Million to Focus on Core Brands Coach and Kate Spade

Tapestry Inc. is making a bold move by selling Stuart Weitzman to Caleres for $105 million, allowing it to sharpen its focus on the thriving Coach and Kate Spade brands. Can this strategic shift pave the way for renewed growth and brand loyalty in a challenging market?