Tapestry – NewsNow

Tapestry doubles down on Gen Z and growth: New strategy targets $4 billion in shareholder returns, says CFO

September 10, 2025 by DON

Good morning. New York City-based Tapestry, Inc., parent of luxury brands Coach and Kate Spade New York, is executing a three-year strategy focused on profitable growth and strong shareholder returns. The “Amplify” strategy is anchored on four pillars: building emotional connections with consumers (especially Gen Z), advancing fashion innovation, delivering compelling global experiences, and fostering … Read more

Tapestry takes an $855 million write-down on Kate Spade—and casts serious doubt on its strategy to turn around underperforming brands

August 14, 2025 by DON

When Tapestry announced two years ago it was buying Michael Kors owner Capri Holdings in a deal regulators ultimately scuttled, the fashion company argued that the tech and supply-chain infrastructure it had built for its Coach brand would allow it to turn around underperforming brands more quickly. It turns out Tapestry can’t even turn around … Read more

Tumblr backs Tapestry, a timeline app for the open social web

February 25, 2025 by DON

Automattic-owned blogging site and social platform Tumblr has financially backed Tapestry, the newly launched app designed to organize feeds from across the open web, including RSS, Mastodon, Bluesky, and others. Launched as a Kickstarter project in January 2024, Tapestry went on to raise over $177,000 via crowdfunding for its app, which opened up to the … Read more

A review of Tapestry, an app powered by the growing open web

February 4, 2025 by DON

A new app called Tapestry, which launched Tuesday, aggregates and organizes information from across the web and social networks in a single place. It is, in some ways, like this generation’s FriendFeed, for those old enough to remember the earlier attempt from the Web 2.0 era to aggregate feeds and social media updates in a … Read more