Tapestry, Inc. Overview
Company Headquarter: US
Founded: 1941
Workforce: ~20,800+ employees
Company Working:
Tapestry, Inc. is a New York-based multinational luxury fashion holding company that designs, manufactures, and sells high-end handbags, accessories, and lifestyle products. The company was founded in 1941 and was formerly known as Coach, Inc. before changing its name to Tapestry in 2017.
Tapestry owns several luxury fashion brands, including Coach, Kate Spade, and Stuart Weitzman. Each brand has its own unique aesthetic and target audience. Coach is known for its classic American style, Kate Spade for its playful and colorful designs, and Stuart Weitzman for its high-end footwear.
In addition to its focus on luxury fashion, Tapestry is committed to sustainability and corporate responsibility. The company has launched several initiatives to reduce its environmental impact and improve working conditions in its supply chain.
The company has a global presence, with operations in New York, London, shanghai, Seoul, Tokyo, Taipei, Hong Kong, Ho chi Minh City, Singapore, and Kuala Lumpur. with an employee strength of approximately ~ 20,800+ people.
Strategy
Tapestry's multi-brand portfolio enables the company to target a wider range of consumers and mitigate risk in case one brand underperforms. Each brand has its own distinct identity and customer base.Tapestry invests heavily in innovation and design to create high-quality products that meet the changing needs and preferences of consumers. The company has a reputation for superior craftsmanship and attention to detail.
