Tapestry is the first New York–based house of modern luxury lifestyle brands. The company’s portfolio includes the Coach, Kate Spade New York, and Stuart Weitzman.
Tapestry, Inc., a house of iconic accessories and lifestyle brands consisting of Coach, Kate Spade, and Stuart Weitzman, and Capri Holdings Limited, a global fashion luxury group consisting of Versace, Jimmy Choo, and Michael Kors, August 10, 2023 announced that they have entered into a definitive agreement under which Tapestry will acquire Capri Holdings. Under the terms of the transaction Capri Holdings shareholders will receive $57.00 per share in cash for a total enterprise value of approximately $8.5 billion.
In October 2017 the Coach company announced that it was planning to rename itself as Tapestry, effective on October 31, 2017 (Halloween). The company’s ticker symbol will change from COH to TPR as well.
The corporate name is being changed mainly to reflect that the company’s expanding portfolio. Coach also owns boot maker Stuart Weitzman, which Coach bought in 2015, and fellow handbag maker Kate Spade, which Coach acquired in 2017.
Tapestry name was chosen partly because it’s a reflection of the history and heritage of the Coach, Kate Spade and Stuart Weitzman brands. It’s also a play on fashion, “weaving the brands together to make something beautiful.”
Their leadership creates and communicates a strategic vision and provides the resources and support necessary for our brands to grow, talent to develop, and business to transform.
They are a global house of brands powered by optimism, innovation, and inclusivity. They believe true luxury is a freedom of expression that ignites confidence and authenticity. At Tapestry, anyone from anywhere can have the best idea, and with hard work and dedication, anything is possible.
Coach Brand: Coach is a leading design house of modern luxury accessories and lifestyle collections, with a long-standing reputation built on quality craftsmanship. Defined by a free-spirited, all-American attitude, the brand approaches design with a modern vision, reimagining luxury for today with an authenticity and innovation that is uniquely Coach. All over the world, the Coach name is synonymous with effortless New York style.
Kate Spade Brand: Known for its crisp color, graphic prints, and playful sophistication, kate spade new york’s exuberant approach to the everyday encourages personal style with a dash of incandescent charm. From handbags and clothing to tech, childrenswear, and home decor, kate spade new york’s products invite women around the world to live every day uniquely and to the fullest.
Stuart Weitzman Brand: Stuart Weitzman is on a journey to evolve from a shoe company into a global multi-category accessories brand. Under new Creative Director Giovanni Morelli, who will debut his first collection for Fall/winter 2018, Stuart Weitzman will produce innovative accessories based on a foundation of wardrobe essentials that foster an emotional connection with women of all ages. The goal is to establish Stuart Weitzman as the accessories destination for every woman for every occasion.
Tapestry’s common stock trades on the New York Stock Exchange under the symbol TPR. Learn more about the company Tapestry.
You can visit the fashion brands at the following:
By the way, "before" this company name was created in 2017 the word tapestry has been used in the apparel & textile industry. Tapestry is a form of textile art, traditionally woven on a vertical loom. Tapestry is weft-faced weaving, in which all the warp threads are hidden in the completed work, unlike cloth weaving where both the warp and the weft threads may be visible.
You can learn more about the Tapestry company brands here on Apparel Search from the following links.
Stuart Weitzman women's shoe brand
Kate Spade women's fashion Brand
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