Do Brands Need Chief Digital Officers?The role is changing as fashion companies break “digital” responsibilities out of their siloes, leading some to rethink the position.
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A tapestry is made of many threads woven into one story. So are we.
Our global house of brands unites the magic of Coach, Kate Spade New York and Stuart Weitzman. By intertwining different people and ideas, we push ourselves in our work, pull out the unexpected in what we create, and expand the bounds of possibility.
Our brands were created by dreamers who were determined to turn ideas into icons and, with passion, made it happen. We’ve grown by finding people similarly dedicated to the dream all over the world. We hold ourselves to high standards in every material, process, and person that plays a part in our work, and we embrace difference by design because diverse perspectives are at the heart of creativity. We find brilliance in the intersections—of beauty and function, of heritage and innovation, of accessibility and aspiration—which is how we break through with magic and logic in our culture and our craft.
The result is that we stand taller together. Tapestry elevates the best in our people and brands. We use our collective strengths to move our customers and empower our communities, to make the fashion industry sustainable, and to build a house that’s equitable, inclusive, and diverse. Individually, our brands are iconic. Together, we can stretch what’s possible.
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Highlights
Do Brands Need Chief Digital Officers?
Coach Parent Tapestry Forecasts Weak 2024 on Soft US Demand
Is Inflation Beaten? Depends on Where You Look This week will bring more readings on consumer prices from Japan, the UK and Eurozone, plus a financial update from Tapestry, fresh off its acquisition of Capri. That, plus what else to watch for in the coming days.
A Playbook for Michael Kors, Versace and Jimmy ChooHow the American ‘accessible luxury’ group Tapestry can capitalise on its newly acquired brands and more from BoF’s Imran Amed.
Projects
Latest News & Analysis
The Blocking of the Tapestry-Capri Merger Spells Trouble for American Fashion
The dream of creating an American answer to LVMH and Kering faced a major setback this week after a federal judge championed the Federal Trade Commission’s narrow definition of the sub-luxury handbag market.
US Court Blocks Tapestry’s $8.5 Billion Acquisition of Rival Capri
The FTC argued at an eight-day trial in New York that the merger would eliminate fierce head-to-head competition between the top two US handbag makers.
Luxury
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial
US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal’s outcome.
Wall Street Bets on $8.5 Billion Fashion Deal’s Fate in Trial
US antitrust enforcers face a pivotal moment on Monday as a federal judge hears closing arguments in their bid to block Tapestry Inc.’s $8.5 billion merger with Capri Holdings Ltd., a decision that could significantly impact hedge funds and investors banking on the deal’s outcome.
Michael Kors Highlights Handbag Market Diversity in FTC Hearing
Michael Kors testified about the nature of the competitive landscape of the handbag market, as the FTC scrutinises Tapestry’s $8.5 billion acquisition of Capri Holdings.
The Coach-Michael Kors Deal Has Its Day in Court
Hours before its runway show during New York Fashion Week on Monday, Coach’s parent company, Tapestry, faced off with the FTC to prove its $8 billion acquisition of Michael Kors’ owner Capri isn’t anti-competitive.
Where Does Accessible Luxury Go From Here?
This week, Coach owner Tapestry reports full-year results amid a slowing US economy and stalled takeover bid for Michael Kors parent Capri.
This Week, Tapestry Takes on the FTC; Politics Threaten to Intrude on the Met Gala
The Coach owner’s results will provide another opportunity to stick up for its acquisition of rival Capri. And the Met Gala will do its best to ignore the TikTok ban and labour strife at Conde Nast.
Op-Ed | Tapestry-Capri and Pricey Purses Are the Wrong Targets for Trustbusters
Consumers face less, not more, choice if handbag brands can't scale up to compete with LVMH, argues Andrea Felsted.
US Sues to Block $8.5 Billion Union of Coach, Michael Kors
Antitrust enforcers said Tapestry’s acquisition of Capri would raise prices on handbags and accessories in the affordable luxury sector, harming consumers.
Is the FTC Really Going to Stop Tapestry and Capri From Merging?
Blocking the deal would set a new precedent for fashion M&A in the US and leave Capri Holdings in a precarious position as it attempts to turn around its Michael Kors brand.