Tapestry Inc is a global luxury fashion holding company that encompasses a diverse portfolio of renowned brands, including Coach, Kate Spade, and Stuart Weitzman. The company focuses on designing, marketing, and selling high-quality accessories, apparel, and footwear, appealing to a wide range of consumers. Tapestry emphasizes a commitment to craftsmanship, creativity, and innovation in its products, which are sold through various retail channels, including e-commerce and brick-and-mortar stores. By integrating digital and physical shopping experiences, Tapestry strives to foster brand loyalty and deliver exceptional customer experiences in the competitive luxury marketplace. Read More
A number of stocks fell in the afternoon session after the latest U.S. consumer confidence report revealed underlying weakness despite a headline increase, raising concerns about future spending. While the Conference Board's headline Consumer Confidence Index rose to 97.2 in July, the details painted a more cautious picture for investors. The Present Situation Index, a measure of consumers' assessment of current business and labor market conditions, actually fell. More telling for the sector, the report showed a decline in buying intentions for major discretionary items such as homes, cars, and most appliances. This combination of factors signals potential weakness in future consumer spending, casting a shadow over companies that rely on non-essential purchases.
Stay informed about the performance of the S&P500 index in the middle of the day on Monday. Uncover the top gainers and losers in today's session for valuable insights.
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
Top performers last week: Venture Global up 18.96% on LNG deal, SoFi up 14.29% on analyst coverage, Delta up 11.91% on earnings, Unity up 9.17% on price forecast, Moderna up 10.66% on FDA approval, PTC up 10.06% on acquisition rumors.
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, will host an Investor Day on Wednesday, September 10, 2025 in New York City. The event will highlight Tapestry’s long-term strategic growth initiatives and financial outlook, featuring a series of presentations as well as a question and answer session with members of the Company’s senior leadership team, including Joanne Crevoiserat, Chief Executive Officer, and Scott Roe, Chief Financial Officer and Chief Operating Officer.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
The performance of consumer discretionary businesses is closely linked to economic cycles. Over the past six months, it seems like demand trends are working against their favor as the industry
has tumbled by 7%. This drawdown was discouraging since the S&P 500 stood firm.
