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Coach launches ‘In my Tabby’ campaign

Luxury American fashion house Coach revealed its newest ‘In my Tabby’ campaign to the public last week, starring Lil Nas X, Camila Mendes and Kōki. The campaign builds on the brand’s previous mission called ‘Courage to be real’, in which Lil Nas X was featured as well, and focuses on telling human stories of aspiration, courage and personal...

Mar 20, 2023

Retail

Coach unveils new retail concept in Chicago

Luxury brand Coach has revealed a new retail concept in Chicago designed to encourage shoppers to “play” in its stores. Coach Play Chicago has opened in the city’s River North neighbourhood and is the first in a line of new stores to launch this year that will incorporate the concept. The space merges architectural features inspired by Coach’s...

Feb 27, 2023

Video

Video: Coach FW23

In this video you can see the Coach FW23 collection presented at New York Fashion Week. FF Channel via Youtube

Feb 15, 2023

ManagementFeatured

Coach owner Tapestry ups FY profit outlook

Luxury fashion group Tapestry has upped its full-year profit guidance after reporting record earnings in the second quarter. The New York-based group, which owns brands Coach, Kate Spade, and Stuart Weitzman, said it now expects earnings per diluted share (EPS) of between 3.70 dollars and 3.75 dollars, up from previous guidance of between 3.60...

Feb 9, 2023

ManagementFeatured

Coach parent Tapestry expects currency headwinds to impact FY23 results

For its first quarter Tapestry, Inc., parent to Coach, Kate Spade, and Stuart Weitzman, reported net sales of 1.51 billion dollars, an increase of approximately 2 percent. The company said, excluding a 370 basis point headwind from currency due to the appreciation of the U.S. dollar revenue rose over 5 percent versus last year. Gross profit...

Nov 10, 2022

Retail

Coach reveals Reloved concept store in London

Coach has unveiled a new concept store in London as part of its (Re)Loved programme, an initiative that focuses on building a circular ecosystem for its products. ‘Tomorrow’s Vintage’ brings together each element of the programme; upcycled, vintage, restored and remade – each of which will be present in the store through events and activations....

Oct 28, 2022

Fashion |In Pictures

Coach dresses Lil Nas X for world tour

Coach has collaborated with award-winning rapper, singer, and songwriter Lil Nas X on a custom tour wardrobe for his first-ever headlining world tour ‘Long Live Montero’. The tour, which kicked off last week in Detroit, Michigan, saw Lil Nas X wearing six bespoke looks inspired by the narrative of the rapper’s metamorphosis and transformation, a...

Sep 12, 2022

Report

Tapestry sets 8 billion dollars revenue goal by 2025

Tapestry, parent company of Coach, Kate Spade and Stuart Weitzman plans to achieve revenue of 8 billion dollars by fiscal year 2025, representing a three-year CAGR of 6 percent to 7 percent. The company expects to reach earnings per diluted share of over 5 dollars, for a low-to-mid-teens three-year CAGR. Commenting on the plan, Joanne...

Sep 9, 2022

ManagementFeatured

Tapestry's FY22 revenues grow 15 percent, digital sales cross 2 billion dollars

Tapestry, Inc. reported fourth quarter revenue of 1.6 billion dollars, representing 7 percent growth over FY19 pre-pandemic levels. Compared to last year, net sales increased approximately 1 percent on a reported basis. For the fiscal year 2022, Tapestry achieved 6.7 billion dollars in revenue, representing an increase of over 15 percent...

Aug 18, 2022

Report

Inter Parfums posts strong sales and earnings growth

For the second quarter, Inter Parfums, Inc. reported net sales of 244.7 million dollars, up 18 percent compared to the same period last year. Net income for the quarter reached 27.6 million dollars, up 22 percent and diluted earnings per share were 86 cents, an increase of 21 percent against the same quarter last year. Commenting on the second...

Aug 10, 2022

Business

Centric Brands expands Coach licensing partnership to include soft accessories

Centric Brands has announced it will be expanding its partnership with Coach to now include the exclusive licensing to design, manufacture and distribute soft accessories. The new collection, set to debut in autumn, features men’s, women’s and all gender soft accessories that mirror the brand’s values and integrates its ‘C’ logo. Products...

May 27, 2022

ManagementFeatured

Tapestry’s Q3 sales improve, cuts FY22 profit outlook

Net sales at Tapestry, Inc. totalled 1.44 billion dollars for the third quarter, a 13 percent increase compared to the same quarter in the prior year. The company is modifying its fiscal 2022 outlook due to an estimated headwind of 25 cents to 30 cents resulting from incremental Covid-related pressure in China and an anticipated negative impact...

May 12, 2022