Welcome to our dedicated page for Tapestry news (Ticker: TPR), a resource for investors and traders seeking the latest updates and insights on Tapestry stock.
Tapestry Inc (NYSE: TPR) delivers comprehensive updates across its global luxury portfolio, including Coach, Kate Spade New York, and Stuart Weitzman. This centralized news hub provides investors and industry professionals with timely financial disclosures, strategic initiatives, and sustainability developments.
Access verified updates on quarterly earnings, leadership changes, and market expansion strategies alongside innovations in sustainable design and circular economy practices. Our curated feed ensures stakeholders stay informed about material developments affecting TPR's position in the accessible luxury sector.
Key coverage areas include product collection launches, retail channel performance metrics, and environmental responsibility programs. All content undergoes rigorous verification to meet financial disclosure standards while maintaining accessibility for both professional analysts and casual observers.
Bookmark this page for direct access to Tapestry's official communications and third-party analyses of their multi-brand strategy. Regular updates ensure you maintain current awareness of this fashion conglomerate's evolving market presence and operational milestones.
Stuart Weitzman, part of Tapestry's brand portfolio, has announced the recipients of its Bold Movers Grant in partnership with Vital Voices Global Partnership. The grant, funded by the Tapestry Foundation, aims to advance inclusive workplace initiatives for working mothers and caregivers. Four recipients were selected for their projects:
1. Janitza Vasquez: Developing 'The Mama Tribe,' a mentoring program for young mothers in New Orleans.
2. Laneceya Russ-Martin: Updating a guide to empower caregivers in advocating for work-life balance policies.
3. Michaela Ayers: Expanding Black Her Stories with live events and wellness workshops for Black caregivers.
4. Shivani Parikh: Advancing The EmpowerHer Conference to support South Asian working mothers and caregivers.
These initiatives focus on empowering women, providing resources, and advocating for policy changes to support working mothers and caregivers.
Tapestry, Inc. (NYSE: TPR) has announced its upcoming fiscal 2024 fourth quarter and year-end earnings call, scheduled for Thursday, August 15, 2024, at 8:00 a.m. ET. The company will release its financial results via press release earlier that morning. Investors and analysts can access the conference call by dialing 1-866-847-4217 or 1-203-518-9845 with the Conference ID 2329867. An audio webcast will also be available on the company's investor relations website. Tapestry is a global house of brands that includes Coach, kate spade new york, and Stuart Weitzman, focusing on innovation, authenticity, and sustainability in the fashion industry.
Tapestry, Inc. (NYSE: TPR) has announced the appointment of Eva Erdmann as CEO & Brand President of Kate Spade, effective October 2024. Erdmann, who will report to Tapestry CEO Joanne Crevoiserat, succeeds Liz Fraser, who is leaving in September. With a proven track record in leading global consumer brands, Erdmann joins from L'Oréal, where she served as Global President of Urban Decay Cosmetics since 2018. In her new role, she will oversee all aspects of Kate Spade's business, focusing on accelerating innovation to drive consumer connections and sustainable global growth. Tapestry maintains its Fiscal 2024 financial outlook and will report Q4 and full-year results on August 15, 2024.
Tapestry and L'Oreal recently co-hosted 'Juneteenth: A Celebration of Freedom' at Tapestry's Hudson Yards headquarters. This event, organized by Tapestry's Black Alliance and L'Oreal's Black @ L'Oréal employee resource groups, brought together over 200 attendees in-person and virtually.
The celebration featured a panel discussion about Juneteenth, focusing on themes of community, equity, and justice. Employees shared personal stories to commemorate the emancipation of enslaved people in the U.S. Following the discussion, a block party with live music, dancing, food, and games provided a vibrant atmosphere for participants.
Tapestry emphasized the importance of equity, inclusion, and diversity within its organization and highlighted the role of employee business resource groups in fostering a supportive community. The event underscored Tapestry's commitment to celebrating and promoting these values among their teams and local partners.
ThredUp (NASDAQ: TDUP), a leading online resale platform for apparel, shoes, and accessories, has appointed Noam Paransky to its Board of Directors. Paransky, Chief Omni and Innovation Officer at Tapestry (NYSE: TPR), brings over 25 years of experience in digital retail innovation. His expertise in omnichannel strategy is set to guide ThredUp as it transitions from a legacy resale marketplace to an AI-powered platform. ThredUp CEO James Reinhart emphasized that Paransky's appointment aligns with the company's focus on leveraging technology to enhance the customer experience in the rapidly evolving resale market.
Tapestry has been named to USA Today's 2024 America's Climate Leaders list, highlighting its commitment to sustainability within the fashion industry.
The company focuses on using environmentally preferred materials, such as recycled leather and post-consumer denim, aligning its efforts with the Science Based Targets Initiative (SBTi).
Significant achievements include a 57% reduction in Scope 1 & 2 GHG emissions and a 24% decrease in Scope 3 Forest, Land, and Agriculture (FLAG) emissions since FY2021.
Tapestry aims to continue its innovative and collaborative approach to sustainability, reinforcing the importance of responsible luxury.
On June 6, 2024, Coach celebrated 'Dream Day,' an event organized by the Coach Foundation's Dream It Real initiative in collaboration with Coachtopia, a sub-brand focused on circular craft and creativity. The event emphasized supporting young people through high-impact scholarships and funding for climate leaders. The theme 'Dreaming Tomorrow' included talks and workshops led by Gen Z activists and creatives.
Attended by 200 participants, mostly Dream It Real Scholars receiving four-year scholarships, the event also introduced the Dream It Real x Coachtopia Scholars Program, supporting undergraduates committed to sustainability. A highlight was the teaser screening of 'Asali: Power of The Pollinators,' an animated film about environmental protection, followed by a panel discussion with the cast.
Coach aims to continue expanding its support, targeting 10,000 scholarships by 2030, demonstrating a strong commitment to empowering young people and fostering a sustainable future.
Tapestry, through its Coach brand, celebrated Teacher Appreciation Week by hosting pop-up shopping events for 1,500 teachers across four US cities: Miami, Chicago, New York, and San Jose. This initiative, done in collaboration with Soles4Souls, provided educators with complimentary styling sessions and products. Over 160 Coach store team members volunteered to assist in these events, adding a personalized touch with thank you notes and warm welcomes. Testimonials from participating teachers highlighted the emotional impact and gratitude felt due to the generosity of Coach’s efforts.
Coach, in collaboration with Blue Star Families, celebrated National Military Spouse Appreciation Day by hosting events in Jacksonville, FL, and New York City's Hudson Yards HQ.
In Jacksonville, 100 military spouses attended a pop-up shop featuring Coach products and received a behind-the-scenes tour of Tapestry's fulfillment center, meeting key Tapestry leaders.
In New York, another 100 military spouses participated in a similar pop-up shop and attended a panel discussion featuring Coach CEO Todd Kahn and Tapestry Chief Inclusion and Social Impact Officer David L. Casey.
This marks the second consecutive year Tapestry's Jacksonville center has collaborated with Blue Star Families, contributing gifts to over 3,000 military community members.
Tapestry has been named to the 2024 TIME100 Most Influential Companies list, celebrating its impact across various industries through innovation, ambition, and success. This recognition underscores Tapestry's commitment to consumer-focused progress and creating a sustainable, equitable future.
The TIME100 list results from a rigorous selection process involving nominations from various sectors and evaluations by TIME editors based on impact, innovation, ambition, and success.
Tapestry's portfolio includes iconic brands like Coach, Kate Spade New York, and Stuart Weitzman, known for quality and innovation. This accolade highlights Tapestry's efforts in sustainability, social impact, equity, inclusion, and diversity, affirming the company's positive trajectory and potential for future achievements.
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