Quick Answer
Tapestry is the parent of Coach and kate spade new york. It reported $7.011 billion in fiscal 2025 net sales, $183.2 million in GAAP net income, and approximately 19,000 employees.
Why Tapestry Matters
Tapestry is one of the largest US accessible luxury companies. Coach provides the majority of revenue and brand momentum, while Kate Spade is the main turnaround question after the company sold Stuart Weitzman.
Financial Snapshot
In fiscal 2025, Tapestry reported $7.011 billion in net sales, $183.2 million in GAAP net income, $1.13 billion in adjusted net income, and adjusted free cash flow of about $1.35 billion.
Strategic Question
The central question is whether Tapestry can keep Coach growing while restoring Kate Spade and protecting brand equity in outlet-heavy accessible luxury.
