All Coach articles
-
Article
Stuart Weitzman’s sales trend improves
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, posted sales of $82.2 million in the fiscal second quarter ended on Dec. 30, down by 4 percent year-over-year on a reported basis and by 3 percent at constant currency rates. Despite still being negative, the trend was ...
-
Article
Stuart Weitzman sales drop on lower off-price shipments, slower recovery in China
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, posted sales of $52.6 million in the fiscal first quarter ended on Sept. 30, down by 19 percent year-over-year on a reported basis and by 18 percent at constant currency rates. “Results in the quarter were pressured against ...
-
Article
Tapestry to buy Capri in a deal worth $8.5bn
Tapestry, the U.S. owner of the brands Coach, Kate Spade and Stuart Weitzman, has entered into a definitive agreement to buy Capri Holdings, which owns the brands Versace, Jimmy Choo and Michael Kors. Under the terms of the transaction Capri shareholders will receive $57.00 per share in cash. The total ...
-
Article
Stuart Weitzman’s Q3 sales up a currency-neutral 10%
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, posted sales of $68 million in the fiscal third quarter ended on April 1, up by 7 percent year-on-year on a reported basis and by 10 percent at constant currency rates. “In the third quarter, we delivered 10 ...
-
Article
Stuart Weitzman’s Q2 sales down nearly 24%
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, posted sales of $85 million in the fiscal second quarter ended Dec. 31, down 23.6 percent year-on-year at constant currency rates. “Revenue declined in the quarter, impacted by the brand’s significant exposure to China as well as a ...
-
Article
Stuart Weitzman’s sales are flat, operating result negative
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, posted sales of $65 million in the fiscal first quarter ended Oct. 1, unchanged year-on-yer at constant currency rates. “We delivered growth in North America, aided by strength in the wholesale channel, while pressure remained in the highly ...
-
Article
Stuart Weitzman expects to outperform the market
Stuart Weitzman, the premium footwear brand of the U.S. fashion group Tapestry, expects to overperform the market in the coming years. It forecasts to increase revenues from $317.7 million in the full year ended on July 2 to $450 million in fiscal 2025, representing a compound average growth rate (CAGR) ...
-
Article
Stuart Weitzman sales return to pre-Covid levels
Stuart Weitzman, the footwear brand of the U.S. fashion group Tapestry, returned to pre-Covid sales levels in the second quarter ended Jan.1, and posted an operating profit. In the quarter, Stuart Weitzman increased sales to $115.8 million from $84.5 million. At constant currency rates, sales were up by 37 percent ...
-
Article
Former Coach head to become Capri’s CEO
On Aug. 24, Capri Holdings, the luxury goods group that owns the brands Jimmy Choo, Versace and Michael Kors, appointed Joshua Schulman as CEO of Michael Kors. In September 2022, he is due to succeed John Idol as CEO of Capri, when Idol will become executive chairman. Idol is currently ...
-
News briefs
Todd Kahn confirmed as CEO of Coach
On April 15, Tapestry appointed Todd Kahn as chief executive officer and brand president of Coach , following a comprehensive search. Kahn is responsible for all aspects of the brand globally and reports to Joanne Crevoiserat , the CEO of Tapestry. Kahn joined the company in January ...
-
News briefs
Coach unveils CitySole
Coach has unveiled its new CitySole shoe collection. The collection comprises three different sneaker styles: the CitySole Court , the CitySole Runner and the CitySole Lowline . The shoes feature the brand’s proprietary CitySole technology, designed to boost flexibility and comfort while reducing impact and weight. The marketing campaign for ...
-
News briefs
CEO and president of Coach steps down
Tapestry , the parent company of Stuart Weitzman , previously called Coach , has announced the departure of Joshua Schulman , chief executive and president of the Coach brand, after a transition period. During the search for Schulman’s successor, Tapestry’s chairman and CEO, Jide Zeitlin , will have direct oversight ...