Coach

Luxury accessories giant Tapestry Inc (NYSE:TPR) is getting a clear growth split between its key brands, according to JPMorgan analyst Matthew R. Boss. The spotlight firmly shines on Coach, which is staging a notable comeback with a projected 32% upside for the overall company stock by year-end,...

Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Tapestry Inc (NYSE:TPR) with a price forecast of $92. Tapestry remains strong despite a challenging macroeconomic environment, benefiting from solid revenue growth and effective cost controls, said the...

The U.S. Federal Trade Commission (FTC) has launched a lawsuit to halt the $8.5 billion acquisition of Capri Holdings Ltd. (NYSE:CPRI) by Tapestry Inc. (NYSE:TPR). What Happened: The FTC’s lawsuit, filed on Monday, contends that the proposed merger would eliminate direct competition between...

VeeCon is back for a second year and the list of speakers continues to grow ahead of the May 2023 event. Here’s a look at the additional speakers announced Friday by the VeeCon team. About the Event: VeeCon 2023 will be hosted in the city of Indianapolis, Indiana at multiple locations...

Well-known for its handbags, luggage and fashion accessories, fans of the Coach brand could soon come to love its entry in the non-fungible token space. What Happened: Coach, a brand owned by Tapestry Inc (NYSE: TPR), announced its first collection of NFTs Thursday morning. The NFTs will feature...

JPMorgan analysts hosted Tapestry Inc (NYSE: TPR) CEO Joanne Crevoiserat, interim CFO Andrea Resnick and VP/IR Christina Colone, and the main takeaway was management's "clear confidence" in a growth profile. The Tapestry Analyst: Matthew Boss upgraded Tapestry's stock from...

The We Company, WeWork’s parent company, has set up a special board committee to study financing proposals as a cash crunch looms. What Happened The company is discussing a $5 billion financing rescue from its largest shareholder Softbank Group Corp (OTC: SFTBY), and its principal lender...

Coach and Kate Spade parent company Tapestry Inc (NYSE: TPR) saw its stock lose nearly one quarter of its value Thursday in reaction to a poor fiscal fourth-quarter earnings report. Two analysts debated if investors should buy the dip or stay clear. Tigress: Where's The Innovation? The Kate...

Coach and Kate Spade parent company Tapestry Inc (NYSE: TPR) showed "healthy progress" in its third-quarter report, but still has "lots of boxes to check" when it issues its next quarterly report Thursday, according to Baird. The Analysts Mark Altschwager maintained an...

After hosting an investor dinner with several Tapestry Inc (NYSE: TPR) executives including CEO Victor Luis, Piper Jaffray maintains its bullish stance on the company. The Analyst Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating with a $40 price target. The Thesis Murphy said...

Tapestry Inc (NYSE: TPR) recorded mixed third-quarter earnings with a 42-cent bottom-line exceeding 41-cent estimates and $1.33 billion in revenue falling short of $1.34 billion forecasts. Analysts were generally bullish on the report. “[The] results reflect the favorable impact of go-forward...

Its popularity may be declining, but Michael Kors Holdings Ltd (NYSE: KORS) is still far and away the preferred handbag among teens. Thirty percent of female respondents said that Michael Kors is their preferred handbag brand, according to Piper Jaffray's latest "Taking Stock With...

UBS has initiated coverage on a several apparel retail names. The Analyst Analyst Jay Sole initiated coverage of the following stocks: American Eagle Outfitters (NYSE: AEO): a Buy rating, $33 price target. Gap Inc (NYSE: GPS): Neutral, $33 price target. Michael Kors Holdings Ltd (NYSE: KORS...

Shares of Tapestry Inc (NYSE: TPR) fell more than 15 percent Tuesday after the parent company of multiple luxury fashion brands such as Kate Spade, Coach and Stuart Weitzman reported its third-quarter results. What Happened Tapestry beat EPS estimates by 4 cents, coming in at 54 cents per share;...