Tapestry
About: Based in New York City, Tapestry is the parent company of accessories and fashion brand Coach, which accounted for 80% of its revenue and well over 90% of its operating profit in fiscal 2025. Handbags accounted for 58% of the brand's fiscal 2025 revenue. Coach products are sold through more than 900 company-owned stores, e-commerce, and third-party stores in North America, Asia, and Europe. Tapestry also owns Kate Spade (17% of fiscal 2025 revenue), which operates about 170 stores and generated 52% of its sales from handbags in fiscal 2025. Kate Spade is known for its colorful patterns and graphics. Tapestry sold its smallest brand, luxury footwear maker Stuart Weitzman, to Caleres in August 2025.
Employees: 20,800
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
70% more first-time investments, than exits
New positions opened: 160 | Existing positions closed: 94
53% more call options, than puts
Call options by funds: $536M | Put options by funds: $352M
18% more capital invested
Capital invested by funds: $14.5B [Q1] → $17.2B (+$2.64B) [Q2]
18% more funds holding in top 10
Funds holding in top 10: 17 [Q1] → 20 (+3) [Q2]
6% more funds holding
Funds holding: 800 [Q1] → 845 (+45) [Q2]
1% more repeat investments, than reductions
Existing positions increased: 298 | Existing positions reduced: 294
5.81% less ownership
Funds ownership: 100.06% [Q1] → 94.25% (-5.81%) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Evercore ISI Group Michael Binetti | 25%upside $125 | Outperform Maintained | 15 Aug 2025 |
UBS Jay Sole | 5%upside $105 | Neutral Maintained | 15 Aug 2025 |
Telsey Advisory Group Dana Telsey | 25%upside $125 | Outperform Maintained | 15 Aug 2025 |
Wells Fargo Ike Boruchow | 20%upside $120 | Overweight Maintained | 14 Aug 2025 |
Morgan Stanley Alexandra Steiger | 15%upside $115 | Overweight Maintained | 1 Aug 2025 |
Financial journalist opinion
Based on 32 articles about TPR published over the past 30 days









