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. is making a significant strategic decision by agreeing to sell its luxury footwear brand Stuart Weitzman to Caleres for $105 million. This move comes after a failed merger attempt with Capri Holdings and allows Tapestry to concentrate on its core brands, Coach and Kate Spade, which have shown...

Tapestry Sells Stuart Weitzman to Caleres for $105 Million Amid Mixed Sales Performance and Strategic Refocus on Core Brands

Tapestry's decision to sell Stuart Weitzman for $105 million marks a pivotal moment in its strategy to refocus on core brands like Coach and Kate Spade. As the company navigates mixed sales performances, can this realignment pave the way for sustainable growth and renewed market confidence?