Latest Articles
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Acquisition Of Kate Spade To Boost Revenues For Tapestry In The Third Quarter
Tapestry Inc. (NYSE:TPR) is slated to report its third quarter results on May 1, wherein a rise in both revenues and earnings is expected. The addition of Kate Spade is expected to provide a boost to the company’s results. A pullback on fla...
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Strong Performance And Tax Reform Prompts Tapestry Inc. To Up Its Guidance
Tapestry Inc. (NYSE:TPR) reported its second quarter FY 2018 results (three months ended December 2017) which exceeded internal and external expectations on both the top-line and the bottom-line. A strong holiday season resulted in an impressive ...
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Kate Spade Addition To Result In Increased Revenues For Tapestry
Tapestry Inc. (NYSE:TPR), formerly known as Coach Inc., is set to report its second quarter results on February 6, wherein a rise in both revenues and earnings is expected. The addition of Kate Spade to the company’s business can be cited t...
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Kate Spade Integration Weighs On The Margins For Tapestry
Tapestry Inc., formerly known as Coach Inc., reported its first quarter earnings (three months ended September 2017), wherein a rise in revenues was seen that came in below expectations, amid a decline in sales of its largest division. The compan...
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Kate Spade Acquisition To Boost Coach Inc.’s Sales But Slump Margins
Coach (NYSE:COH) is set to announce its first quarter (three months ended September 2017) earnings on November 9, and it will mark its first earnings since its name change to Tapestry Inc. was announced. While a growth in revenues is anticipated...
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Why Are We Bullish On Coach Inc.?
Shares in Coach (NYSE:COH) took a nosedive once the company released its fourth quarter and full year (year ended June 2017) earnings. Mixed fourth quarter results, coupled with a disappointing FY 2018 guidance can be said to be the cause for t...
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Coach Inc.’s Stock Plunges On Its Full Year Earnings Announcement
Shares in Coach (NYSE:COH) took a nosedive once the company released its fourth quarter and full year (year ended June 2017) earnings. Mixed fourth quarter results, coupled with a disappointing FY 2018 guidance, can be said to be the cause for ...
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Department Store Pullback To Result In Bottom Line Improvement For Coach
Coach (NYSE:COH) is slated to declare its fourth quarter and full year earnings on August 15, for the year ended June 2017, wherein impressive earnings growth on flat revenues are expected. The company’s decision to elevate its brand posit...
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Consolidation Continues In The Luxury Retail Industry
The fashion industry is finding it hard to adjust to a new world lived in by the millennial generation. This inability to cope has hit the earnings of the companies playing in this sector. A number of steps have been taken by them to shore up the...
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Another One Bites The Dust In The Apparel Retail Industry
True Religion became the latest casualty in the hard-hit retail industry, as it filed for bankruptcy, and intends to close at least 27 of its 140 stores in the US. The company has also requested permission to cancel 29 leases, and has a deal in ...
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Why Has Coach Inc.’s Stock Price Shot Up In 2017?
Coach (NYSE:COH) has had a stellar year so far, with an improved performance, elevated brand positioning, and the acquisition of Kate Spade in the bag. According to a breakdown by Market Watch, among the S&P 500 companies, only two retailers...
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Is A Wave Of Consolidation About To Hit The Fashion Retail Industry?
Recent reports suggest that American Eagle Outfitters (NYSE:AEO) is considering a potential acquisition of Abercrombie & Fitch (NYSE:ANF). Both these brands are focused on teen and young adult apparel, and are largely located in malls acr...
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Coach’s Acquisition Of Kate Spade Finally Comes To Fruition
After months of speculation, Coach (NYSE:COH) announced on Monday that it was buying Kate Spade for $18.50 per share, valuing the deal at $2.4 billion. The transaction represents a premium of 27.5% to the closing price of Kate Spade from Decemb...
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Cutback On Discounts Results In Bottom Line Improvement For Coach Inc.
Coach (NYSE:COH) delivered its third quarter sales on May 1, reporting earnings of 46 cents per share on sales of $995 million. Analysts, on the other hand, had expected an EPS of 44 cents and sales of $1.02 billion. The decision to “ elev...
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Coach Among M&A Speculation Yet Again
Seems like every week Coach (NYSE:COH) is linked with the acquisition of a different luxury brand. This time around it is fashion house Jimmy Choo, best known for its shoes. The latter announced earlier this week that it is up for sale, sending...
