Tapestry, Inc. (0LD5.L) LSE

Currency In USD

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Tapestry, Inc.

Address

10 Hudson Yards

New York City, NY 10001

United States of America (the)

Phone

212 946 8400

Sector

Consumer Cyclical

Industry

Luxury Goods

Employees

12500

First IPO Date

January 29, 2018

Key Executives

NameTitlePayYear Born
Todd KahnChief Executive Officer & Brand President of Coach4.02M1964
Joanne C. CrevoiseratPresident, Chief Executive Officer & Director6.77M1964
Yann BozecPresident of Tapestry Asia Pacific and President & Chief Executive Officer of Coach Asia Pacific0N/A
Denise KulikowskyChief People Officer1.41M1969
David E. HowardGeneral Counsel & Secretary1.44M1975
Scott A. RoeChief Financial Officer & Chief Operating Officer3.34M1965
Christina ColoneGlobal Head of Investor Relations0N/A
Manesh DadlaniVice President, Principal Accounting Officer & Controller01983
Peter CharlesChief Supply Chain Officer0N/A
Yang LuChief Information Officer0N/A
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Description

Tapestry, Inc. operates as a global house of luxury and lifestyle brands, providing a diverse range of premium accessories and products across key markets, including the United States, Japan, Greater China, and other international regions. The company's portfolio is structured into three distinct segments: Coach, Kate Spade, and Stuart Weitzman. Its extensive product offerings cater to men, women, and children. For accessories, customers can find a wide array of handbags, encompassing items such as wallets, wristlets, and cosmetic cases, alongside a variety of small leather goods like card cases, travel organizers, and belts. The selection also features various novelty items, including address books, time management accessories, sketchbooks, and key rings. Specialized bag collections are available, featuring business cases, computer bags, messenger-style bags, backpacks, and totes. Tapestry also designs and distributes footwear for both men and women, and offers apparel lines that include men's ready-to-wear, as well as women's seasonal lifestyle collections, outerwear, and cold-weather accessories like gloves, scarves, and hats. Complementing these are jewelry items such as bracelets, necklaces, rings, and earrings, alongside watches, fragrances, and sunglasses for diverse demographics. Furthermore, the company extends its reach into home and lifestyle goods for kids, providing items like fashion bedding, tableware, stationery, and gifts. Tapestry strategically expands its brand presence through licensing agreements. Under the Coach brand, it licenses rights for tech and soft accessories, jewelry, watches, eyewear, and fragrances. For the Kate Spade brand, licensing encompasses tableware, housewares, fashion bedding, tech accessories, watches, sleepwear, eyewear, stationery, gifts, and fragrances. As of July 2, 2022, Tapestry maintained a significant global retail footprint, operating 945 Coach stores, 398 Kate Spade stores, and 100 Stuart Weitzman stores. Its products are distributed through a diversified network that includes e-commerce platforms, concession shop-in-shops, wholesale partnerships, and independent third-party distributors. Founded in 1941 and headquartered in New York, New York, the company was initially known as Coach, Inc. before officially adopting the name Tapestry, Inc. in October 2017.

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