Tapestry - Fashion Company Profile
Tapestry, Inc. is the New York house of Coach and Kate Spade (NYSE: TPR) - the company Coach became in 2017 when it grew from one brand into a group, and a smaller, more focused house again since its 2024 merger was blocked and Stuart Weitzman was sold in 2025.
Company Snapshot
- Status
- Operating - a two-brand house (Coach and Kate Spade) after the August 2025 sale of Stuart Weitzman; fiscal 2026 net sales about $8.0 billion
- Type
- Public - Tapestry, Inc., New York Stock Exchange: TPR
- Headquarters
- New York City, New York, United States
- Founded
- As Coach in 1941 (New York); renamed Tapestry on October 31, 2017, after acquiring Kate Spade
Company Profile
Tapestry's present shape is the result of two reversals its older record does not know: the $8.5 billion Capri Holdings acquisition, agreed in August 2023, was terminated on November 13, 2024 after the FTC won a preliminary injunction against it, and Stuart Weitzman was sold to Caleres in August 2025. What remains is the strongest version of the original idea - Coach, the 1941 New York leather house, and Kate Spade, the 1993 color-and-print label - and the shop box on this page covers those two brands' products. The three-brand record, the Capri announcement included, is kept in full on the history page.
The name was chosen partly as a reflection of the history and heritage of the Coach, Kate Spade and Stuart Weitzman brands - a play on fashion, 'weaving the brands together to make something beautiful.' Coach, which bought Stuart Weitzman in 2015 and Kate Spade in 2017, describes itself as a leading design house of modern luxury accessories with a free-spirited, all-American attitude and a reputation for quality craftsmanship; Kate Spade New York brings crisp color, graphic prints and playful sophistication across handbags, clothing, tech, childrenswear and home decor. Tapestry's own statement of purpose in the filing is to be a global house of brands 'powered by optimism, innovation, and inclusivity,' holding that 'true luxury is a freedom of expression.'
Tapestry History
The earlier record for this company - its history, past brand line-ups, figures and photographs from the periods described - is kept on a separate page for historical reference.
Tapestry History & Historical Profile →Common Questions
What brands does Tapestry own now?
Two: Coach and Kate Spade New York. Stuart Weitzman, acquired in 2015, was sold to Caleres in a sale completed on August 4, 2025, so the three-brand portfolio in older descriptions is no longer current.
Did Tapestry buy Capri Holdings (Michael Kors, Versace, Jimmy Choo)?
No. The $8.5 billion agreement of August 10, 2023 was blocked by a preliminary injunction in the FTC's antitrust case on October 24, 2024, and the two companies terminated the merger agreement on November 13, 2024.
When did Coach become Tapestry?
On October 31, 2017, when Coach, Inc. renamed itself Tapestry, Inc. and changed its New York Stock Exchange ticker from COH to TPR, after acquiring Stuart Weitzman (2015) and Kate Spade (2017).
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References & Further Reading
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