|Bid||25.19 x 1200|
|Ask||25.12 x 2200|
|Day's Range||25.11 - 25.90|
|52 Week Range||18.54 - 51.29|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||11.38|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||1.35 (5.34%)|
|1y Target Est||28.81|
The parent company of Coach appoints a new CEO as PVH Corp. surges after its CEO buys roughly $10M-worth of shares. Yahoo Finance's Akiko Fujita and Ines Ferre discuss.
Coach owner Tapestry named Chairman Jide Zeitlin as its new CEO after its former CEO Victor Luis stepped down. Yahoo Finance's Brian Sozzi had a chance to go inside the C-Suite to see how this change-up came about and what this means for investors.
This weekend's Barron's offers a look at what's in store for North American railroad stocks. Other featured articles discuss changing oil stock dividends and potential results from a major media merger. "Railroad Stocks Could Run Out of Steam" by Bill Alpert suggests that cost-cutting is boosting profits for North American railroads, but declining freight volumes and increasing competition from truckers may pull the brakes on growth at the likes of CSX Corporation (NASDAQ: CSX).
The accessories company has endured an awful year. But strong cash flow and continued success at Coach bode well for investors.
The We Company is struggling to launch its initial public offering at anything like the $47bn valuation of its last private funding round. The office sharing group’s founder and chief executive Adam Neumann would be an over-the-top character in satirical TV series Silicon Valley.
Tapestry, Inc. (NYSE: TPR), the New York-based house of luxury accessories and lifestyle brands, said Thursday it has partnered with with Alibaba Group Holding Ltd - ADR (NYSE: BABA)'s Tmall, a China-focused e-commerce platform. Tapestry said it will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0 beginning later this month. The platform will provide Tapestry's brands with tools to feature customized content and offer shopping experiences for customers.
Tapestry, Inc. (TPR), a global house of modern luxury accessories and lifestyle brands, today announces a strategic partnership with Alibaba’s Tmall, China’s largest B2C ecommerce platform. This alliance marks a step forward in Tapestry’s ChinaNext digital innovation agenda. Tapestry will be one of the first companies to collaborate with Tmall in adopting the recently unveiled Flagship Store 2.0, beginning later this month.
On CNBC's "Fast Money Halftime Report," Pete Najarian said options traders were buying the Oct. $25 calls in Tapestry Inc (NYSE: TPR). Najarian decided to follow the trade and he is planning to hold the position for a month or a month and a half. Pete Najarian noticed a purchase of 6,000 contracts of the Sept. $30 calls in Altice USA Inc (NYSE: ATUS).
Tapestry, Inc. (TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced it has signed the Open to All pledge, in support of the ethos that when “a business opens its doors to the public, it should be open to all.” Tapestry was joined by over 50 fashion houses and brands, the Council of Fashion Designers of America (CFDA), the CEO Action for Diversity & Inclusion and the Open to All campaign, to make a powerful statement about the industry’s commitment to fostering inclusivity and protecting equality.
Tapestry Inc replaced Chief Executive Officer Victor Luis with long-time Chairman Jide Zeitlin on Wednesday, just weeks after the high-end fashion house cut its full-year earnings forecast and warned of troubles at its Kate Spade brand. Under Luis, the company changed its name to Tapestry from Coach and added shoemaker Stuart Weitzman and millennial-focused Kate Spade to win new customers.
Tapestry, Inc. (NYSE: TPR), the New York-based house of luxury accessories and lifestyle brands, has named Jide Zeitlin as its new CEO. Zeitlin succeeds Victor Luis, who is leaving the company and its board of directors. Susan Kropf, a member of the Tapestry board, has been named lead independent director.
Tapestry Inc. said Wednesday it has appointed Jide Zeitlin as its chief executive with immediate effect. Zeitlin will replace Victor Luis, who is leaving the company, formerly known as Coach Inc., which is home to the Coach, Kate Spade and Stuart Weitzman fashion brands. Zeitlin will continue in his role as chairman of the board, which he has held since November of 2014. The executive came to the role after spending 20 years at Goldman Sachs , where he was global chief operating officer of the investment banking division. The company said it's sticking with its fiscal 2020 financial guidance and still expects to return about $700 million to shareholders through its dividend and stock buyback programs. It said board member Susan Kropf has been named lead independent director. Shares rose 2.5% in premarket trade, but have fallen 39% in 2019, while the S&P 500 has gained 16%.
Tapestry, Inc. (TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that Jide Zeitlin, the Company’s Chairman of the Board, has been appointed Chief Executive Officer. Mr. Zeitlin succeeds Victor Luis, who is leaving the Company and its Board of Directors. The Company also announced that Susan Kropf, a current member of the Tapestry Board, has been named Lead Independent Director.
The owner of Coach, Kate Spade and other luxury brands announces its long-time CEO Victor Luis is stepping down and being replaced by Jide Zeitlin.