Tapestry

What Tapestry does

Tapestry, Inc. is a publicly traded (NYSE: TPR) global house of brands headquartered at 10 Hudson Yards, New York, operating a two-brand portfolio following the 2025 divestiture of Stuart Weitzman to Caleres for ~$105 million. Its flagship Coach brand, founded in 1941 and repositioned as a Gen Z accessible luxury favorite, generated approximately $5.6 billion in annual revenue (through fiscal year ending June 28) and represents roughly 80% of company revenue, growing 31% YoY in Q3 FY2026 to $1.7 billion. Kate Spade New York, acquired in 2017, contributes the remainder (~13-14% of revenue) and is currently undergoing a brand reset. Full-year FY2026 revenue is guided at approximately $7.95 billion with EPS of ~$6.95.

Tapestry's revenue model is predominantly direct-to-consumer through brand-owned retail stores and e-commerce (coach.com, katespade.com), supplemented by department store wholesale. The company derives value from accessible luxury positioning (price points from ~$150 vintage items to $595+ premium handbags), with margins consistently above 75% gross and 22.3% operating (GAAP) in Q3 FY2026 — operating margin expanded 630 basis points YoY. Key strategic priorities under the Amplify growth strategy include international expansion (China ~15% and Europe ~6% of business, with ~70% of projected growth coming from international markets), aggressive Gen Z customer acquisition (2 million new Gen Z customers added in Q3 FY2026), and reduced promotional intensity in favor of full-priced DTC sales.

Technically, Tapestry has invested in proprietary AI capabilities including the Mira AI platform (U.S. patent granted May 2026) for enterprise data integration and decision-making across assortment planning, inventory management, and trend response. Kate Spade deployed an AI Gift Concierge built on AWS Agentic Shopping Assistant and Anthropic's Haiku 4.5 model — the first major brand deployment of Amazon's agentic shopping technology, with reported 3.5x higher conversion versus keyword search. Supporting platforms include Coachtopia (circular fashion), Coach (Re)Loved (product lifecycle), and Gen Phoenix (sustainable materials, 9.9% equity stake). Recent strategic moves include a 10-year Climeworks carbon removal partnership (February 2026), board appointment of Pinterest CTO Matt Madrigal (April 2026), and a $1.6 billion shareholder return program. The proposed $8.5 billion acquisition of Capri Holdings was blocked by the FTC in 2024.

Name

Tapestry

Legal name

Tapestry, Inc.

Website

https://tapestry.com

Company type

Public

Founded year

2017

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Tapestry, Inc. (NYSE: TPR) is a global house of brands operating Coach (luxury handbags and accessories, ~80% of revenue) and Kate Spade New York (lifestyle brand), selling through DTC retail, e-commerce, and wholesale channels to Gen Z, millennial, and affluent consumers worldwide with FY2026 revenue guided at ~$7.95 billion.

Ownership category

akta.pro rank

Product category

Luxury Fashion & Accessories

NAICS

Apparel Accessories and Other Apparel Manufacturing (31599)

SIC

Retail-Apparel & Accessory Stores (5600), Retail-Women's Clothing Stores (5621)

akta.pro primary industry

Luxury Womenswear (CRAAAFAG)

Keywords

• Luxury handbags
• Accessible luxury fashion
• Leather accessories
• Lifestyle brands
• Fashion retail

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Product Sales - Coach: Core revenue driver from Coach brand handbags, accessories, and leather goods. Coach generated $1.7 billion in Q3 FY2026 with 31% year-over-year growth. Positioned as the flagship brand representing approximately 80% of company revenue.
2. Product Sales - Kate Spade: Kate Spade brand generating approximately $220 million in Q3 FY2026, though declining 10-11% year-over-year. Focus on brand reset and transformation under new leadership.
3. Product Sales - Stuart Weitzman: Stuart Weitzman brand was sold to Caleres in 2025 for approximately $105 million, divesting from the portfolio following strategic review.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Tapestry is a global house of iconic brands operating primarily through Coach (luxury handbags, accessories, and ready-to-wear founded in 1941) and Kate Spade New York (lifestyle brand offering handbags, ready-to-wear, jewelry, footwear, gifts, and home décor). The company designs, manufactures, and sells affordable luxury fashion products through brand-owned retail stores, e-commerce websites, and wholesale partnerships with department stores. Tapestry also offers circular fashion programs (Coachtopia, Coach (Re)Loved) and proprietary AI technology (Mira platform) supporting enterprise operations.

Product overview

Tapestry is a global house of iconic brands united under a holding company structure, operating primarily through Coach (luxury fashion house founded 1941) and Kate Spade New York (lifestyle brand launched 1993). The portfolio centers on accessible luxury handbags and accessories, with Coach representing the dominant brand (~80% of revenue) and Kate Spade New York serving as the secondary brand. Supporting offerings include Coachtopia (Coach's circular fashion lab), Coach (Re)Loved (product lifecycle extension program), and Gen Phoenix (sustainable recycled leather materials with 9.9% equity stake). Technology initiatives include the proprietary Mira AI platform for enterprise data integration and decision-making, plus the Kate Spade AI Gift Concierge for conversational shopping. The company operates through an Amplify growth strategy focused on Gen Z customer acquisition, international expansion, and AI-enabled operational efficiency.

Differentiator

Problem solved

Functional benefit

Brands

• Coachtopia: Coach's collaborative lab founded to accelerate the transition to a circular fashion industry economy. Rooted in the Made Circular design philosophy, Coachtopia reimagines waste as a valuable resource, crafting products from recycled, repurposed or renewable materials.
• Coach (Re)Loved

Products and services

• Coach
• Kate Spade New York
• Coachtopia
• Coach (Re)Loved

Quantifiable outcome

• Coach brand revenue grew 31% to $1.7 billion in Q3 FY2026
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Amazon Web ServicescoreTechnology or Integration · 13 April 2026Kate Spade deployed Amazon's Agentic Shopping Assistant (ASA) on AWS to create the AI Gift Concierge, a conversational AI shopping tool for natural dialogue-based gift shopping assistance. Built on Anthropic's Haiku 4.5 model via Amazon Bedrock, the solution can be deployed in approximately 60 days. Amazon's AI shopping tools drove nearly $12 billion in incremental sales last year.
• PinterestminorStrategic or Co-development Partner · 7 April 2026Pinterest CTO Matt Madrigal appointed to Tapestry's Board of Directors to support its strategy of expanding digital engagement and growth through technology and innovation. Madrigal brings extensive experience in technology, e-commerce, and consumer behavior.
• ClimeworkscoreStrategic or Co-development Partner · 17 February 202610-year partnership where Tapestry purchased carbon removals from Climeworks' diversified portfolio combining five engineered and nature-based pathways. This is Climeworks' first North American customer in the fashion, retail, and consumer goods industry. The partnership will help Tapestry address its Scope 1 emissions and advance its long-term climate goals including net-zero by 2050.
• Gen PhoenixminorStrategic or Co-development Partner · 1 January 2025UK-based manufacturer of sustainable recycled leather fiber materials. Tapestry nearly quadrupled its initial 2023 investment in 2025, increasing equity stake to 9.9% and securing a three-year contracted supply agreement. Active exploration of next-generation materials and production processes to reduce GHG emissions.
• CaleresminorOthers · 1 January 2025Caleres purchased Stuart Weitzman from Tapestry for approximately $105 million as part of Tapestry's portfolio optimization strategy following the blocked Capri Holdings merger.
• Open Supply HubminorStrategic or Co-development PartnerThird-party nonprofit enabling supply chain data disclosure. Tapestry publishes its Tier 1 supplier list through Open Supply Hub as part of its commitment to 95% supply chain traceability and responsible sourcing transparency.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/27017083
• Instagraminstagram.com/tapestry

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tapestry