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 its decision to sell the luxury footwear brand Stuart Weitzman to Caleres for $105 million. This strategic maneuver is part of Tapestry's efforts to streamline its brand portfolio, allowing the company to focus on its core brands, Coach and Kate Spade. The sale follows a failed...

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

Tapestry, Inc. is making a bold move by selling Stuart Weitzman to Caleres for $105 million, allowing a sharper focus on its core brands, Coach and Kate Spade. Can this strategic shift help Tapestry navigate the challenges of a competitive retail landscape while enhancing brand loyalty?