Coach is branching out — and rebranding to reflect that reality, according to CNBC reports published Wednesday (Oct. 11). The world got a look at that new vision this week when Coached rolled out its new name — Tapestry — as it tries to reintroduce itself to the...
Already facing struggling sales after rapid expansion, Michael Kors Holdings Ltd. must now deal with the merger of two of its biggest rivals. According to Bloomberg Pursuits, Coach Inc.’s $2.4 billion acquisition of Kate Spade & Co. creates a powerhouse that will put pressure on Michael Kors. Both...
Millennials are officially the largest generation with its 75.4 million population, surpassing the 74.9 million baby boomers. As such, it should come as no surprise that retail brands are taking this into consideration with future strategic business moves. With its eyes set on luring in...
Flexibility and a penchant for experimentation are two key traits retailers will need to succeed in a present and future commerce ecosystem increasingly defined by consumer centricity and digital channels, among other changes. For one, high-fashion accessory and handbag retailer Kate Spade & Company is...
August 18, 2022
This year’s high inflation hasn’t stopped Americans from wanting to splurge on luxury goods from brands like Coach and Kate Spade. Tapestry, the company that owns those labels, reported earnings Thursday (Aug. 18) that showed record annual revenues of $6.7 billion — a 15% increase — for the fiscal year ending July 2. Digital revenues […]
October 12, 2017
Coach is branching out — and rebranding to reflect that reality, according to CNBC reports published Wednesday (Oct. 11). The world got a look at that new vision this week when...
May 11, 2017
Already facing struggling sales after rapid expansion, Michael Kors Holdings Ltd. must now deal with the merger of two of its biggest rivals. According to Bloomberg Pursuits, Coach Inc.’s $2.4 billion...
