Tapestry’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Tapestry is a luxury fashion holding company that designs, manufactures and distributes handbags, wallets, footwear and accessories for men and women. Read more

Joanne Crevoiserat's photo - Interim-CEO of Tapestry

Interim-CEO

Joanne Crevoiserat

CEO Approval Rating

82/100

Founded:

1941

Status:

PublicNYSETPR

TOP COMPETITORS OR ALTERNATIVES

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LVMH is one of Tapestry's top rivals. LVMH was founded in Paris, Île-de-France} in 1987. LVMH is in the Apparel Retail industry. Compared to Tapestry, LVMH generates $49.6B more revenue.

Kering is Tapestry's #2 competitor. Kering was founded in 1963, and is headquartered in Paris, Île-de-France. Kering competes in the Apparel Retail industry. Kering generates $11.5B more revenue vs. Tapestry.

Burberry is a top competitor of Tapestry. Burberry's headquarters is in London, England, and was founded in 1856. Burberry operates in the Luxury Goods industry. Burberry generates 59% of Tapestry's revenue.

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Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5B

Tapestry's revenue is the ranked 6th among it's top 10 competitors. The top 10 competitors average 4.4B. Over the last four quarters, Tapestry's revenue has decreased by 47.4%. Specifically, in Q2 2020's revenue was $714.8M; in Q1 2020, it was $1.1B; in Q4 2019, it was $1.8B; in Q3 2019, Tapestry's revenue was $1.4B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Stuart Weitzman, Inc.

Jan 2015

Source »
$530M
Stuart Weitzman is a designer, instore and online retailer of shoes, boots, sandals, bags and accessories for women.

These are all the companies that Tapestry has acquired. Tapestry's latest acquisition was Stuart Weitzman, Inc. in Jan 2015. Stuart Weitzman is a designer, instore and online retailer of shoes, boots, sandals, bags and accessories for women.

Tapestry Funding History

$118.1M$1B

Since Tapestry was founded in 1941, it has participated in 2 rounds of funding. In total Tapestry has raised $1.0B. Tapestry's last funding round was on Nov 2019 for a total of $900.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Nov 2019
$900M

Bank of America, N.A

IPO
Oct 2000
$118.1M
-

Total Funding: $1B

Since Tapestry was founded in 1941, it has participated in 2 rounds of funding. In total Tapestry has raised $1.0B. Tapestry's last funding round was on Nov 2019 for a total of $900.0M

Investments

No recent investments found related to Tapestry

Tapestry News

August 31, 2020MarketScreener

Scott+Scott Attorneys at Law LLP Continues to Investigate Tapestry, Inc.'s Directors and Officers for Breach of Fiduciary Duties - TPR

(marketscreener.com) NEW YORK, Aug. 31, 2020 -- Scott+Scott Attorneys at Law LLP , an international s... See more »
August 17, 2020Zolmax News

Brokers Issue Forecasts for Tapestry Inc's Q1 2021 Earnings (NYSE:TPR)

Tapestry Inc (NYSE:TPR) - Research analysts at Jefferies Financial Group issued their Q1 2021 earning... See more »
August 17, 2020Zolmax News

Tapestry Inc (NYSE:TPR) Expected to Announce Quarterly Sales of $1.16 Billion

Analysts expect that Tapestry Inc (NYSE:TPR) will post $1.16 billion in sales for the current quarter... See more »
August 13, 2020CNBC

Coach owner Tapestry posts narrower-than-expected loss, retailer to speed up turnaround plan

Along with having slower sales during the pandemic, Tapestry's CEO resigned in mid-July.... See more »
August 13, 2020FinanzNachrichten

Tapestry Not Providing FY21 Outlook; Announces Acceleration Program For Profitability

WASHINGTON (dpa-AFX) - While reporting financial results for the fourth quarter on Thursday, luxury a... See more »

Tapestry Press Releases

April 30, 2020Business Wire

Tapestry, Inc. Reports Fiscal 2020 Third Quarter Results

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxur... See more »
March 27, 2020StreetInsider

Tapestry, Inc. Announces $2,000,000 Commitment From the Coach Foundation to Support New York City Small Businesses Affected by COVID-19

NEW YORK--(BUSINESS WIRE)-- Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxu... See more »
March 26, 2020StreetInsider

Tapestry, Inc. Provides Update on COVID-19 Response Initiatives

NEW YORK--(BUSINESS WIRE)-- Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxu... See more »
February 20, 2020centralcharts

Tapestry, Inc. Declares Quarterly Cash Dividend

Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle... See more »
February 6, 2020Business Wire

Tapestry, Inc. Reports Fiscal 2020 Second Quarter Results

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxur... See more »
November 14, 2019StreetInsider

Tapestry, Inc. Declares Quarterly Cash Dividend

 NEW YORK--(BUSINESS WIRE)-- Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern lu... See more »
August 15, 2019Business Wire

Tapestry, Inc. Reports Fiscal 2019 Fourth Quarter and Full Year Results

NEW YORK--(BUSINESS WIRE)--Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxur... See more »

Headquarters

10 Hudson Yards

New York, New York10001

1-212-594-1850

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Summary

ABOUT

Overview

Tapestry is a luxury fashion holding company that designs, manufactures and distributes handbags, wallets, footwear and accessories for men and women. Tapestry was founded in 1941. Tapestry's headquarters is located in New York, New York, USA 10001. I...

CEO

Tapestry's Interim-CEO, Joanne Crevoiserat, currently has an approval rating of 82%. Tapestry's primary competitors are LVMH, Kering & Burberry.

Website

tapestry.com

Frequently Asked Questions about Tapestry

  1. When was Tapestry founded?

    Tapestry was founded in 1941
  2. Who is Tapestry's CEO?

    Tapestry's CEO is Joanne Crevoiserat
  3. How much revenue does Tapestry generate?

    Tapestry generates $5B in revenue
  4. How much funding does Tapestry have?

    Tapestry has historically raised $1B in funding
  1. Where is Tapestry's headquarters?

    Tapestry's headquarters is in New York New York, USA
  2. How many employees does Tapestry have?

    Tapestry has 21,000 employees
  3. What sector does Tapestry operate in?

    Tapestry is in Personal Products
  4. Who are Tapestry's competitors?

    Tapestry's top competitors are LVMH, Kering, Burberry