SUNDAY STOCK: Tapestry Inc.

Tapestry Inc. (NYSE: JWN)

Share Price: 150.30 USD

Market Cap: 30.43B USD

Background: Tapestry Inc. was founded in 1941 (originally as Coach) and later evolved into a global fashion holding company. Today, it owns major brands including Coach, Kate Spade, and Stuart Weitzman which offer handbags, accessories, footwear, and ready-to-wear products. The company operates through retail stores, outlets, and a growing e-commerce platform, with a strong global presence.

Current News: American luxury brands are having a comeback and the success of Coach has led Tapestry to become a leader in this resurgence. The company recently reported stronger-than-expected earnings, with Q2 revenue reaching $2.5 billion (+14% YoY) and earrings per share (EPS) of $2.69, beating estimates by over 20%. This growth is fueled by a strategic shift toward brand focus and consistency, particularly targeting younger consumers like Gen Z. Coach has added millions of new customers and now represents the majority of company revenue, reinforcing its position as an "accessible luxury" leader. As European luxury brands face slowing demand and pricing pushback, Tapestry is benefiting from prioritizing core identity, product consistency, and customer experience. The company has raised its full-year outlook and expects continued revenue and earnings growth into 2026. Despite strong momentum, risks remain, including weaker performance at Kate Spade and potential macro pressures such as tariffs and shifting consumer demand. Still, Tapestry's turnaround positions it as an important player in today's changing global luxury landscape.

Author & Graphics: Isa Serna