Tapestry
About: Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounts for about 80% of its sales and more than 90% of its operating profit. Coach products are sold through 900 company-owned stores, e-commerce, and third-party stores in North America, Asia, and Europe. Tapestry also owns Kate Spade, which generated 54% of its sales from handbags in fiscal 2024. Kate Spade is known for its colorful patterns and graphics. Meanwhile, Tapestry's smallest brand, luxury footwear maker Stuart Weitzman, is set to be sold to Caleres in the summer of 2025.
Employees: 20,800
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
93% more first-time investments, than exits
New positions opened: 166 | Existing positions closed: 86
25% more call options, than puts
Call options by funds: $816M | Put options by funds: $655M
9% more funds holding
Funds holding: 730 [Q4 2024] → 797 (+67) [Q1 2025]
6% more funds holding in top 10
Funds holding in top 10: 16 [Q4 2024] → 17 (+1) [Q1 2025]
5.76% more ownership
Funds ownership: 93.73% [Q4 2024] → 99.49% (+5.76%) [Q1 2025]
1% more capital invested
Capital invested by funds: $14.3B [Q4 2024] → $14.5B (+$191M) [Q1 2025]
22% less repeat investments, than reductions
Existing positions increased: 243 | Existing positions reduced: 311
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Wells Fargo Ike Boruchow | 27%upside $100 | Overweight Maintained | 14 May 2025 |
Telsey Advisory Group Dana Telsey | 17%upside $92 | Outperform Maintained | 14 May 2025 |
Barclays Adrienne Yih | 24%upside $98 | Overweight Maintained | 12 May 2025 |
UBS Jay Sole | 7%downside $73 | Neutral Maintained | 9 May 2025 |
Goldman Sachs Brooke Roach | 18%upside $93 | Buy Maintained | 9 May 2025 |
Financial journalist opinion
Based on 4 articles about TPR published over the past 30 days









