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It was reported on May 29, that Manesh Dadlani , VP at Tapestry TPR executed a significant insider sell, according to an SEC filing. What Happened: A Form 4 filing with the U.S.
Securities and Exchange Commission on Wednesday outlined that Dadlani executed a sale of 2,500 shares of Tapestry with a total value of $105,574. As of Thursday morning, Tapestry shares are up by 0.53%, currently priced at $41.
74. Get to Know Tapestry Better Coach, Kate Spade, and Stuart Weitzman are Tapestry's fashion and accessory brands. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (66% of fiscal 2023 sales), Europe, Asia (29% of fiscal 2023 sales), and elsewhere.
Coach (75% of fiscal 2023 sales) is best known for affordable luxury leather products. Kate Spade (21% of fiscal 2023 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2023.
Stuart Weitzman (4% of sales) generates nearly all its revenue from women's footwear. In August 2023, Tapestry agreed to acquire rival Capri and its three brands, Michael Kors, Versace, and Jimmy Choo. Loading.
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.. Tapestry: Delving into Financials Negative Revenue Trend: Examining Tapestry's financials over 3 months reveals challenges.
As of 31 March, 2024, the company experienced a decline of approximately -1.8% in revenue growth, reflecting a decrease in top-line earnings. As co.