|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||13.98 - 13.98|
|52-week range||13.98 - 13.98|
|Beta (5Y monthly)||1.39|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that Jide Zeitlin, Chairman and Chief Executive Officer, and Joanne Crevoiserat, Chief Financial Officer, will present at the Bernstein Strategic Decisions Conference on Thursday, May 28, 2020 at 4:00 p.m. ET.
Yahoo Finance catches up with V.F. Corp CEO Steve Rendle to discuss how the owner of Timberland and Vans is navigating the chopping retail environment.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today provided further details on the actions it’s taking across multiple aspects of its brands and business to help assure that Tapestry emerges a strong company when conditions normalize.
Yahoo Finance speaks with Tapestry CEO Jide Zeitlin fresh off the company's latest earnings report.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today reported results for the fiscal third quarter ended March 28, 2020.
On Thursday, April 30, 2020 at 8:30 a.m. (ET), Tapestry, Inc. (NYSE: TPR) will hold a conference call to discuss the Company’s third quarter results, which will be reported via press release earlier that morning.
Tapestry, Inc. (NYSE:TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced additional actions that the Company is taking to reinforce the financial strength of the organization amid the deepening global impact of the Covid-19 pandemic.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that John P. (J.P.) Bilbrey has been appointed to Tapestry’s Board of Directors. The appointment of Mr. Bilbrey to the Board brings the membership to eight.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today provided an update on the Company’s operations. Tapestry continues to closely monitor developments and is committed to taking appropriate actions to protect the health and safety of its employees, customers and communities.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced additional community support initiatives to address the ongoing COVID-19 health crisis.
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that the Company’s Coach Foundation will commit $2,000,000 to support NYC Department of Small Business Services (SBS) Small Business Continuity Fund for businesses affected by COVID-19.
Tapestry, Inc. (NYSE:TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, announced that effective at close of business today, it will temporarily close all directly operated Coach, Kate Spade and Stuart Weitzman stores in North America and Europe to help reduce the spread of COVID-19. Stores will be closed through March 27th, at which time the Company will determine the appropriate next steps in light of the environment. Employees at these locations will continue to receive scheduled pay and benefits during this temporary closure period. In addition, across all regions, brands will continue to engage with customers through online stores, which remain fully operational, and social media.
Unfortunately for some shareholders, the Tapestry (NYSE:TPR) share price has dived 34% in the last thirty days. That...
Tapestry, Inc. (NYSE:TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, today announced that Jide Zeitlin, Chairman and Chief Executive Officer, has committed to continue leading the Company for the next three years as Tapestry defines and implements its multi-year growth agenda.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Investors in Tapestry, Inc. (NYSE:TPR) had a good week, as its shares rose 8.5% to close at US$27.97 following the...
(Bloomberg Opinion) -- For a while there, the major luxury companies appeared to be impervious to hard times in Asia. Even as prolonged unrest in Hong Kong hurt sales, and trade talks between the U.S. and China ground on, their stocks kept climbing. That changed this week as fears grow about the spread of a deadly virus in China.With the death toll reaching 25 on Friday, and China restricting travel for 40 million people on the eve of Lunar New Year, the question of what it all means for demand for high-end watches and handbags is obviously of minor concern. Yet it’s an unwanted reminder of just how dependent the industry is on Chinese consumers. Shoppers from the world’s most populous nation, be they in Shanghai, Singapore or San Francisco, probably accounted for about 35% of global luxury goods sales last year, according to Bain & Co. and Altagamma. What’s more, they generated the lion’s share — 90% — of all growth. There’s no reason to think they won’t be just as crucial to the sector’s performance this year too. One analyst, Flavio Cereda at Jefferies, says he expects the bulk of his estimated 5% sales growth (excluding currency movements) in 2020 global luxury sales to come from the Chinese, putting their expected impact at 4 percentage points. Some companies in particular, including Burberry Group Plc and watchmakers Swatch Group AG and Cartier-owner Richemont, have an exposure above the industry average. It’s too early to say what will be the impact of this new coronavirus that’s gripping China as hundreds of millions of people travel for the Lunar New Year — traditionally a time when revelers spend on goods from the top luxury brands. On Friday, the World Health Organization stopped short of calling it a global health emergency. After first appearing in the central Chinese city of Wuhan, it has spread to locations including Singapore, Hong Kong, Thailand and the U.S. Chinese authorities have been working to revise or cancel planned holiday activities in an attempt to stop any further spreading. Starting on Saturday, Disneyland Shanghai is being closed temporarily.If the crisis intensifies, it could become more problematic. People wanting to avoid the risk of catching the virus will likely curtail anything but the most necessary travel, and avoid crowded areas, with shopping malls among them. That will hurt companies that managed to make up some lost Hong Kong sales at their stores in mainland China.It will also hit sales to Chinese tourists the world over. Although Hong Kong and Macau, which has canceled all of its Lunar New Year festivities, remain the most popular destination for Chinese travelers, Japan, the U.S., Italy and France are also high on their itineraries. Chinese tourists are the highest spenders across most of Europe, according to payments provider Planet, typically splashing out for goods worth about four times that of domestic shoppers. In the U.S., a number of retailers, including diamond jewelry specialist Tiffany & Co., have already said they’ve been impacted by having fewer tourists due to the dollar’s strength.Even though Chinese shoppers have recently been spending more at home, as excursions to Hong Kong fall, they still make the bulk of their purchases when they travel, a time when people are more inclined to blow the budget on impulse buys. Any slowdown in international travel would also hit demand in duty-free shops, including luxury behemoth LVMH’s DFS business and Dufry AG, in which Richemont has a 5% stake.There’s also a broader risk to spending at home and abroad. Luxury thrives when consumers feel happy and wealthy, not when people fears for their health, and that of friends and family. And if the virus has any knock-on effects on the Chinese economy, that would cause ripple effects elsewhere as well. The situation is bringing back memories from 17 years ago when the severe acute respiratory syndrome, or SARS, killed about 800 people. At the time, Chinese shoppers probably accounted for about 10-15% of global luxury sales, much less than today. So investors will be watching what the impact will be on the big groups. This week, LVMH, Kering SA, Burberry, Richemont and Swatch all fell, as well as U.S. names Tapestry Inc. and Michael Kors-owner Capri Holdings Ltd., all underperforming their respective markets. Some recovered on Friday. Yet valuations remain elevated. That means there’s little comfort as everyone tries to learn more about just what this virus will bring. To contact the author of this story: Andrea Felsted at email@example.comTo contact the editor responsible for this story: Melissa Pozsgay at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...
Abercrombie & Fitch enters 2020 ready to make some big changes to its stores. Yahoo Finance talks to CEO Fran Horowitz about its plan.