|Bid||40.66 x 800|
|Ask||43.88 x 1000|
|Day's Range||42.39 - 43.54|
|52 Week Range||39.60 - 55.50|
|Beta (3Y Monthly)||-0.09|
|PE Ratio (TTM)||30.80|
|Earnings Date||Nov 5, 2018 - Nov 9, 2018|
|Forward Dividend & Yield||1.35 (3.07%)|
|1y Target Est||56.97|
Coach and Kate Spade they know. While the initial reaction by the markets to the name change was negative, that was short-lived, and shares rose 40% over the next 6 months to $54. While I'd been intrigued enough by TPR's valuation at the time of the name change to put it on my watch list, I simply had no more room in a portfolio that was already overloaded with down and out specialty retailers.
From a sell-off to a new brand name and the purchase of Kate Spade, Tapestry, Inc. (NYSE: TPR ), formerly known as Coach, has had a year of transition . On Tuesday, the luxury apparel conglomerate picked ...
Tapestry, Inc. , a leading New York-based house of modern luxury accessories and lifestyle brands, today announced it has signed onto the UN Global Compact. Tapestry joins over 9,800 companies who are signatories to the UN Global Compact, recognizing its role as a business with the ability to address global issues within the luxury goods sector.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Historically, Tapestry Inc (NYSE:TPR) has been Read More...
Meanwhile, U.S. tax cuts have boosted the spending power of rich Americans. That combination has driven up company valuations across the industry. The boom is underlined by the $2.1 billion that Michael Kors Holdings Ltd is paying for Versace. Italy’s Salvatore Ferragamo SpA may be the next likeliest, after dealReporter said it was approached by several private equity firms. Family-controlled Prada SpA and Tod’s SpA might also want to rethink if their nascent turnarounds don’t keep delivering.
The former Weight Watchers International, Inc. (NYSE: WTW) switched its name to WW. Both of these alterations come shortly after the perhaps ill-fated marketing campaign for burgers at Dine Brands Global, Inc. (NYSE: DIN)’s IHOP. Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG)’s Google was renamed in 1997, as the founders wanted to find a name that exemplified just how much data was retrieved using their software.
U.S. fashion group Michael Kors (KORS.N) has agreed to take control of Versace in a deal that could value one of Italy's most prized designers at $2 billion (1.52 billion pounds), sources familiar with the matter said on Monday. Budding luxury conglomerates, including Michael Kors' U.S. rival Tapestry (TPR.N), owner of Coach and Kate Spade, are trying to make in-roads into an industry still dominated by European players such as Louis Vuitton owner LVMH (LVMH.PA). Michael Kors, whose namesake label is best known for its leather handbags, has made no secret of its ambition to grow its portfolio of high-end brands after buying British stiletto-heel maker Jimmy Choo for $1.2 billion last year.
Actor and producer Michael B. Jordan is the first global spokesperson for the Coach brand's menswear business, starting with the Spring 2019 season. In addition to advertising campaigns for the brand's clothing, accessories and fragrance, Jordan will participate in special design projects with Stuart Vevers, the brand's creative director, and philanthropic programs with the Coach Foundation. Jordan has appeared in films including "Black Panther," "Creed," and "Fruitvale Station." Coach is one of the brands in the Tapestry Inc. portfolio. Tapestry shares have rallied 13.7% in 2018 so far while the S&P 500 index has gained 9.6% for the period.
Coach is betting that celebrity millennial faces like Selena Gomez and Michael B. Jordan will attract younger customers to the legacy brand.
Attention dividend hunters! Tapestry Inc (NYSE:TPR) will be distributing its dividend of US$0.34 per share on the 01 October 2018, and will start trading ex-dividend in 2 days time onRead More...
Tapestry Inc (NYSE:TPR), a large-cap worth US$14.78b, comes to mind for investors seeking a strong and reliable stock investment. Risk-averse investors who are attracted to diversified streams of revenue andRead More...
Tapestry Inc (NYSE:TPR) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. Tapestry Inc functions in the luxury goods industry.
Tapestry’s (TPR) strong fourth-quarter results, which the company released on August 14, were followed by several target price increases from Wall Street. Analysts that raised their price targets included the following: Jefferies: $48 to $52 RBC: $53 to $58 Canaccord Genuity: $55 to $63 Credit Suisse: $58 to $61
Tapestry (TPR) delivered better-than-expected results in the fourth quarter of 2018. The management expects earnings per share to lie in the $2.70 to $2.80 range in fiscal 2019 versus analyst forecasts of $2.84 per share. Better-than-expected results and positive guidance boosted Tapestry’s share price on August 14.
GlobalData Retail says Coach is back to “full health” after fiscal fourth quarter earnings that show growth in North America across the handbag business.