Tapestry Inc. (TPR) News
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Latest TPR News From Around the Web
Below are the latest news stories about TAPESTRY INC that investors may wish to consider to help them evaluate TPR as an investment opportunity.
Tapestry Nears Three-year Purchase Agreement With Gen Phoenix for New Recycled Leather MaterialCoach will launch a line of Coach Classic bags made from the material. |
Don't Bet on Signet for Now: Invest in These 4 Retail Stocks InsteadAlthough SIG encounters obstacles, ANF, DECK, URBN and TPR present stronger growth prospects, backed by innovation and a clear trajectory for long-term success. |
Luxury retailers could see benefit from Trump 2.0 tariffsLuxury retail stocks are improving, though the proposed tariffs under President-elect Trump’s administration could continue to put these retailers under pressure. Jerry Storch, Storch Advisors CEO, joins Madison Mills and Seana Smith on Catalysts to discuss what could be ahead for the luxury retail sector under Trump 2.0. Despite widespread concerns, Storch predicts that Trump's tariffs won't have a severe impact on luxury retail. Storch explains that many goods from the luxury retail sector can be characterized as "Veblen goods," wherein demand increases as price increases. He elaborates, "It might even be positive for some retailers in particular ... [these luxury providers] have been very successful in passing along price increases for quite some time." However, Storch agrees that u... |
Coach and Gen Phoenix Showcase the Power of Legacy Meets Innovation at CES 2025Coach, the "Original American House of Leather," and Gen Phoenix, a global leading sustainable manufacturer of recycled leather fiber material at scale, are taking the stage together at CES 2025 to share how their transformative partnership is changing the standard for sustainability in fashion – and unveil what's next in their industry-leading journey. |
2 Reasons to Sell TPR and 1 Stock to Buy InsteadTapestry has been on fire lately. In the past six months alone, the company’s stock price has rocketed 56.7%, reaching $65.80 per share. This was partly due to its solid quarterly results, and the run-up might have investors contemplating their next move. |
This is what could drive consumer spending in 2025High inflation has influenced consumer spending patterns throughout 2024, leading shoppers to adopt a more value-conscious purchasing mindset. Market Domination host Julie Hyman is joined by Yahoo Finance Senior Reporter Brooke DiPalma to analyze consumer behavior trends heading into 2025. In particular, they examine the factors expected to drive consumer demand and discuss the conditions that could foster spending growth in the coming year. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Angel Smith |
3 Luxury Brand Stocks Ready to Boost Your Portfolio in 2025With improving market conditions and rising consumer demand for luxury products, companies like lululemon, Ralph Lauren and Tapestry are positioned well. |
Is Tapestry (TPR) the Top Luxury Stock According to Hedge Funds?We recently published a list of Top 12 Luxury Stocks According to Hedge Funds. In this article, we are going to take a look at where Tapestry, Inc. (NYSE:TPR) stands against other luxury stocks according to hedge funds. The Luxury Goods Market and Consumer Behavior According to a report by Mordor Intelligence, the luxury goods […] |
Mergers that were blocked or challenged by the Biden admin in 2024Several prominent mergers and acquisitions have been blocked or challenged by the Biden-Harris administration in 2024, including the proposed deal between Albertsons and Kroger. |
Luxury industry faces crisis: China slowdown and soaring pricesAccording to a Bain & Company report, 2024 was the first year of decline in luxury sales since the financial crisis in 2008. Former LVMH chair of North America Pauline Brown joined Catalysts hosts Julie Hyman and Madison Mills to reflect on the luxury sector’s biggest challenges in 2024 and discuss whether those losses could continue into 2025. Brown highlights the slowdown in China as a major issue, as it notably marks the end of the market's rapid growth seen in the last decade. "The issues within the sector go much deeper than China, and I think some of them are not being talked about enough," Brown says. "If you look at most of the brands ... most dramatically seen with Chanel, but also with certain items from Prada, from Dior, from many of the big nameplates, the price on their han... |