Skip to Main Content

About Tapestry, Inc.

Tapestry is weaving together a collection of leading premium fashion brands. Previously Coach, the company designs and makes (mostly through third parties) high-end leather goods and accessories, including handbags, wallets, and luggage under the Coach brand. It also licenses the Coach name for watches, eyewear, and fragrances. In addition, through acquisitions, Tapestry owns the Stuart Weitzman (luxury women's shoes) and Kate Spade (women's apparel and accessories) brands. The company sells its wares through department and outlet stores (in the US and globally) and websites. It also operates more than 1,500 retail and factory outlet stores in North America, Japan, China, and other countries in the Asia-Pacific region.


Tapestry reports through three primary segments: Coach (some 70% of revenue), Kate Spade (nearly a quarter), and Stuart Weitzman (about 5%).

The Coach brand include leather goods and accessories such as handbags, wallets, wristlets, and cosmetic cases. It also licenses its name to third parties for watches (Movado), eyewear (Luxottica), and fragrances (Interparfums). The segment's products are sold through some 1,600 wholesale and distributor locations as well as about 980 Coach stores.

Kate Spade’s offerings include handbags, ready-to-wear, jewelry, footwear, gifts, and home décor. The brand is also licensed to third parties for bedding, eyewear, tableware, and a host of other products. The segment's products are sold through some 1,200 wholesale and distributor locations as well as more than 400 Kate Spade stores.

Footwear is the domain of Stuart Weitzman, although the brand is expanding into handbags and accessories. Its products are sold through some 1,100 wholesale and distributor locations as well as some 150 Stuart Weitzman stores. 

Direct-to-consumer sales account for about 90% of revenue. 

Geographic Reach

Tapestry directly operates more than 1,500 stores in North America and the Asia-Pacific region. Leading markets include the US (about 55% of sales), China (about 15%), and Japan (more than 10%).

The New York-based company has distribution, product development, and quality control locations in the US, Canada, Hong Kong, China, Japan, South Korea, Vietnam, the Philippines, Singapore, Spain, the UK, and India.

Sales and Marketing

In addition to its own 1,500-plus stores, Tapestry's products are sold through department stores and other third-party retailers in North America and Europe. Top US wholesale customers include Macy's (including Bloomingdale's), Dillard's, Nordstrom, Saks Fifth Avenue, Lord & Taylor, The Bay, Belk, and Von Maur.

The company also has e-commerce sites in North America, Europe, Greater China, Japan, South Korea, and Hong Kong.

Tapestry spent $247.1 million for advertising in 2019, up from $228.4 million and $178.3 million in 2018 and 2017, respectively. 


Financial Performance

The acquisition of sister fashion brands has boosted Tapestry's revenue some 45% over the past five years. Excluding a dip in fiscal 2018, net income has also shown strong growth, up 60% since fiscal 2015.

In fiscal 2019 (ended June) the company reported revenue of $6 billion, up 3% from the prior year. Sales increased across all three brands (excluding the effects of foreign currency), although the Kate Spade brand was the primary growth engine due to 60-plus new store openings.

Net income that year was also up, jumping 62% to $643.4 million. Lower cost of sales and lower taxes, as a result of the 2017 Tax Act, powered results.

Cash at the end of fiscal 2019 was $969.2 million, a decrease of $274.2 million from the prior year. Cash from operations contributed $791.7 million to the coffers, while investing activities used $574.2 million, mainly for investments and capital expenditures. Financing activities used another $484.9 million for dividends to stockholders and stock repurchase. 


Among Tapestry's strategic priorities are brand innovation, digital and data analytic investment, and global growth with a special emphasis on China.

The company is focused on improving its production planning cycle and speed to market as it accelerates product innovation across its brands, including planned customization programs. In a related move, in fiscal 2020 Tapestry is bringing in-house the Kate Spade footwear business. It is particularly focused on innovation in the growing premium bags and small leather goods, and  footwear and outerwear categories.

In fiscal 2019 the company named a new Chief Data Officer and launched its Data Labs portal, which includes data science and artificial intelligence (AI) tools to improve the retailer's collection and use of data.

Tapestry has made several moves to expand in China, which the company refers to as its ChinaNext agenda. In September 2019 it announced a partnership with Alibaba's Tmall, China's largest B2C ecommerce platform. Coach, Kate Spade, and Stuart Weitzman will all have flagship stores on the Tmall Luxury Pavilion platform.

Mergers and Acquisitions

In fiscal 2018 Tapestry acquired luxury apparel and accessories designer Kate Spade & Co. for $2.4 billion. Upon completion, the company changed its name from Coach and organized operations around its three luxury brands.

Company Background

Tapestry traces its roots to the 1941 founding of leather goods maker Coach, Inc., which was acquired by Sara Lee Corporation in 1985. It went public in 2000 and Sara Lee divested its remaining ownership in 2001. 

Coach acquired Stuart Weitzman, a luxury women's footwear firm, in fiscal 2015 and Kate Spade, a lifestyle accessories and ready-to-wear company, in fiscal 2018. That year the company changed its name to Tapestry to reflect its multi-brand portfolio.

Tapestry, Inc.

New York, NY 10001-2157
Phone: 1 (212) 594-1850


Employer Type: Publicly Owned
Stock Symbol: TPR
Stock Exchange: , NYSE
President, Chief Administrative Officer, and Secretary: Todd Kahn
CEO and Interim CEO, Kate Spade & Company: Victor Luis
Chairman: Jide J. Zeitlin
Employees (This Location): 277
Employees (All Locations): 21,000

Major Office Locations

New York, NY

Other Locations

Anchorage, AK
Foley, AL
Mountain Brk, AL
Vestavia, AL
Chandler, AZ
Gilbert, AZ
Glendale, AZ
Scottsdale, AZ
Tucson, AZ
Alpine, CA
Arcadia, CA
Arleta, CA
Barstow, CA
Beverly Hills, CA
Brea, CA
Burlingame, CA
Cabazon, CA
Calabasas, CA
Calexico, CA
Camarillo, CA
Canoga Park, CA
Cerritos, CA
Commerce, CA
Corte Madera, CA
Costa Mesa, CA
Escondido, CA
Glendale, CA
La Jolla, CA
Lake Arrowhead, CA
Livermore, CA
Los Angeles, CA
Modesto, CA
Montebello, CA
Napa, CA
Newport Beach, CA
Ontario, CA
Palm Desert, CA
Palo Alto, CA
Pasadena, CA
Pleasanton, CA
Roseville, CA
Sacramento, CA
San Diego, CA
San Francisco, CA
San Jose, CA
Santa Ana, CA
Santa Clara, CA
Santa Monica, CA
Santa Rosa, CA
Sherman Oaks, CA
Tejon Ranch, CA
Tracy, CA
Tulare, CA
Vacaville, CA
Walnut Creek, CA
Woodland Hills, CA
Broomfield, CO
Castle Rock, CO
Denver, CO
Lakewood, CO
Littleton, CO
Clinton, CT
Farmington, CT
Greenwich, CT
Stamford, CT
Uncasville, CT
Washington, DC
Newark, DE
Rehoboth Beach, DE
Altamonte Springs, FL
Boca Raton, FL
Brandon, FL
Coral Gables, FL
Coral Springs, FL
Ellenton, FL
Estero, FL
Fort Lauderdale, FL
Fort Myers, FL
Gainesville, FL
Hialeah, FL
Jacksonville, FL
Key West, FL
Lutz, FL
Miami, FL
Naples, FL
Orlando, FL
Palm Beach, FL
Palm Beach Gardens, FL
Pompano Beach, FL
Saint Augustine, FL
Sunrise, FL
Tampa, FL
Vero Beach, FL
West Palm Beach, FL
Alpharetta, GA
Atlanta, GA
Buford, GA
Darien, GA
Dawsonville, GA
Locust Grove, GA
Pooler, GA
Woodstock, GA
Honolulu, HI
Waikoloa, HI
Waipahu, HI
West Des Moines, IA
Williamsburg, IA
Boise, ID
Aurora, IL
Chicago, IL
Geneva, IL
Hinsdale, IL
Northbrook, IL
Oak Brook, IL
Orland Park, IL
Schaumburg, IL
Skokie, IL
Tuscola, IL
Vernon Hills, IL
Evansville, IN
Fort Wayne, IN
Fremont, IN
Greenwood, IN
Indianapolis, IN
Michigan City, IN
Mishawaka, IN
Kansas City, KS
Shawnee Mission, KS
Wichita, KS
Lexington, KY
Louisville, KY
Simpsonville, KY
Metairie, LA
Shreveport, LA
Boston, MA
Braintree, MA
Burlington, MA
Chestnut Hill, MA
East Sandwich, MA
Lee, MA
Marlborough, MA
Natick, MA
Wrentham, MA
Annapolis, MD
Baltimore, MD
Bethesda, MD
Columbia, MD
Hagerstown, MD
Kensington, MD
Ocean City, MD
Oxon Hill, MD
Queenstown, MD
Freeport, ME
South Portland, ME
Ann Arbor, MI
Auburn Hills, MI
Birch Run, MI
Byron Center, MI
Clinton Township, MI
Grandville, MI
Howell, MI
Livonia, MI
Novi, MI
Sterling Heights, MI
Troy, MI
West Branch, MI
Albertville, MN
Edina, MN
Hopkins, MN
Minneapolis, MN
North Branch, MN
Rochester, MN
Saint Paul, MN
Branson, MO
Independence, MO
Kansas City, MO
Osage Beach, MO
Saint Louis, MO
Springfield, MO
Warrenton, MO
Southaven, MS
Blowing Rock, NC
Charlotte, NC
Concord, NC
Mebane, NC
Raleigh, NC
Omaha, NE
Nashua, NH
North Conway, NH
Salem, NH
Tilton, NH
Atlantic City, NJ
Carlstadt, NJ
Cherry Hill, NJ
Edison, NJ
Hackensack, NJ
Jackson, NJ
Marlton, NJ
Newark, NJ
North Bergen, NJ
Paramus, NJ
Rockaway, NJ
Sea Girt, NJ
Short Hills, NJ
Shrewsbury, NJ
Tinton Falls, NJ
Wayne, NJ
Santa Fe, NM
Henderson, NV
Jean, NV
Las Vegas, NV
Reno, NV
Albany, NY
Amagansett, NY
Central Valley, NY
Cheektowaga, NY
El Paso, NY
Garden City, NY
Glendale, NY
Huntington Station, NY
Manhasset, NY
Monroe, NY
New York, NY
Niagara Falls, NY
Riverhead, NY
White Plains, NY
Canton, OH
Cincinnati, OH
Cleveland, OH
Columbus, OH
Dublin, OH
Fairlawn, OH
Jeffersonville, OH
Monroe, OH
Sunbury, OH
Toledo, OH
West Chester, OH
Westlake, OH
Wilmington, OH
Oklahoma City, OK
Tulsa, OK
Portland, OR
Tualatin, OR
Woodburn, OR
Ardmore, PA
Grove City, PA
Hershey, PA
King Of Prussia, PA
Lahaska, PA
Lancaster, PA
Langhorne, PA
Philadelphia, PA
Pittsburgh, PA
Reading, PA
Whitehall, PA
San Juan, PR
Providence, RI
Bluffton, SC
Charleston, SC
Gaffney, SC
Greenville, SC
Myrtle Beach, SC
Chattanooga, TN
Dyersburg, TN
Elizabethton, TN
Germantown, TN
Knoxville, TN
Lebanon, TN
Nashville, TN
Sevierville, TN
Allen, TX
Austin, TX
Cypress, TX
Dallas, TX
El Paso, TX
Frisco, TX
Grand Prairie, TX
Houston, TX
Katy, TX
Laredo, TX
Mcallen, TX
Mercedes, TX
Murphy, TX
Plano, TX
Rockwall, TX
Round Rock, TX
San Antonio, TX
San Marcos, TX
Spring, TX
Sugar Land, TX
Terrell, TX
Texas City, TX
Tyler, TX
Park City, UT
Arlington, VA
Charlottesville, VA
Fairfax, VA
Leesburg, VA
Mc Lean, VA
Richmond, VA
Williamsburg, VA
Woodbridge, VA
Manchester Center, VT
Bellevue, WA
Bellingham, WA
Federal Way, WA
Kennewick, WA
Quil Ceda Village, WA
Seattle, WA
Tacoma, WA
Tukwila, WA
Madison, WI
Pleasant Prairie, WI
Adachi-Ku, Japan
Akita, Japan
Aomori, Japan
Chiba, Japan
Chitose, Japan
Chiyoda-Ku, Japan
Chuo-Ku, Japan
Ebina, Japan
Fuchu, Japan
Fujisawa, Japan
Fukui, Japan
Fukuoka, Japan
Fukuyama, Japan
Funabashi, Japan
Gamou-Gun, Japan
Gifu, Japan
Gotemba, Japan
Hachioji, Japan
Hakodate, Japan
Hamamatsu, Japan
Hanyu, Japan
Himeji, Japan
Hiroshima, Japan
Hokuto, Japan
Imba-Gun, Japan
Inashiki-Gun, Japan
Iruma, Japan
Izumisano, Japan
Kagoshima, Japan
Kanazawa, Japan
Kashihara, Japan
Kashiwa, Japan
Kawagoe, Japan
Kawasaki, Japan
Kisarazu, Japan
Kitahiroshima, Japan
Kitakyushu, Japan
Kita Saku-Gun, Japan
Kobe, Japan
Kofu, Japan
Koriyama, Japan
Koshigaya, Japan
Koto-Ku, Japan
Kumagaya, Japan
Kumamoto, Japan
Kurashiki, Japan
Kusatsu, Japan
Kushiro, Japan
Kuwana, Japan
Kyoto, Japan
Machida, Japan
Matsudo, Japan
Matsue, Japan
Matsuyama, Japan
Minato-Ku, Japan
Mito, Japan
Miyazaki, Japan
Moriguchi, Japan
Morioka, Japan
Musashino, Japan
Nagano, Japan
Nagasaki, Japan
Nagoya, Japan
Naha, Japan
Nara, Japan
Narita, Japan
Nasushiobara, Japan
Niigata, Japan
Nishinomiya, Japan
Obihiro, Japan
Odawara, Japan
Oita, Japan
Okayama, Japan
Okazaki, Japan
Osaka, Japan
Ota-Ku, Japan
Otsu, Japan
Oyabe, Japan
Sagamihara, Japan
Saitama, Japan
Sakai, Japan
Sano, Japan
Sapporo, Japan
Sendai, Japan
Setagaya-Ku, Japan
Shibuya-Ku, Japan
Shimonoseki, Japan
Shinjuku-Ku, Japan
Shizuoka, Japan
Suita, Japan
Sumida-Ku, Japan
Tachikawa, Japan
Taito-Ku, Japan
Takamatsu, Japan
Takasaki, Japan
Takatsuki, Japan
Toki, Japan
Tokoname, Japan
Tokorozawa, Japan
Tokushima, Japan
Tomigusuku, Japan
Toshima-Ku, Japan
Tosu, Japan
Tottori, Japan
Toyama, Japan
Toyohashi, Japan
Toyonaka, Japan
Toyota, Japan
Utsunomiya, Japan
Wakayama, Japan
Yamaguchi, Japan
Yokkaichi, Japan
Yokohama, Japan
Yonago, Japan
Burlington, Canada
Burnaby, Canada
Calgary, Canada
Côte Saint-Luc, Canada
Edmonton, Canada
Georgetown, Canada
Kitchener, Canada
London, Canada
Markham, Canada
Mississauga, Canada
Newmarket, Canada
North York, Canada
Ottawa, Canada
Pointe-Claire, Canada
Richmond, Canada
Rocky View County, Canada
Thornhill, Canada
Toronto, Canada
Vancouver, Canada
Victoria, Canada
West Vancouver, Canada
Windsor, Canada
Paris, France