Luxury fashion giant, Tapestry, has posted solid third quarter growth, boosted by strong sales from its Coach brand. Tapestry posted a 33 per cent increase in net sales for the quarter ending March 31 to $1.32 billion compared to the previous corresponding…
Coach Singapore has unveiled a 70m print of New York street graffiti along a wall at the Botanic Gardens MRT station. The project was conceptualised in New York City by the US luxury brand to celebrate the symbiotic relationship between fashion and street…
Tapestry, the fashion retailer formerly known as Coach, has taken back operational control of its Kate Spade China joint ventures in Hong Kong, Macau, Taiwan and the mainland. CEO Victor Luis described the move as “an important business development…
To celebrate Lunar New Year and the arrival of the Year of the Dog, luxury travel retailer DFS Group will offer special promotions and interactive activities at certain T Galleria and DFS stores worldwide next month. There will also be exclusive offers from…
Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall. Hadid, face of the F/17 ad campaign has created the Eyelove and Eyelovemore ranges, pointed-toe mules which represent the first project for Stuart…
The leather goods company formerly known as Coach Inc., Tapestry, has reported earnings for the first time since the name change. Tapestry, which is in the midst of a major rebranding, posted a 24.2 per cent increase in revenue to $1.29 billion and a net loss…
Coach parent Tapestry says it will delist from the Hong Kong stock exchange. Tapestry this week replaced the Coach name on the exchange’s ticker. It said it was withdrawing from local listing because of low volumes in trading of its shares and that it would…
The first Coach Vietnam store is soon to open in Ho Chi Minh City. The American leather-goods brand will make its market debut in the Saigon Center next month, with the store already under construction. The first store is set in the concept of ‘Modern…
To better incorporate all of the brands it now owns, luxury goods company Coach of New York is changing its name to Tapestry. The company that came to prominence in the Mad Men era now owns brands like Stuart Weitzman and Kate Spade & Co as well. Chief…
International sunglasses retailer Sunglass Hut opened a new store in Hangzhou’s Intime Wulin store, which is the brand’s third store in the city following the ones in Hangzhou Kerry Centre and Hangzhou Bailian Outlets. Sunglass Hut has reached cooperation…
A pop-up shop designed like a New York subway car has been launched by luxury brand Coach Hong Kong at Lane Crawford in IFC, Central. As well as showcasing Coach’s latest collections, the Art of Expression pop-up shop offers customisation of leather bags for…
The closures of a number of retail and luxury brand giants on China’s e-commerce platforms indicate that retail competition is no less fierce online than offline. It is old news that the Chinese market is highly competitive and unlike any other market in the…
While retail net sales grew 9.2 per cent to US$836.7 million for luxury lifestyle brand Michael Kors in its third quarter, ended December 31, its revenue decreased 3.2 per cent to $1.35 billion. It sales growth was mainly driven by 193 store openings since…
New York design house Coach reports “notable strength” in Mainland China while reporting its second-quarter results for the quarter ended December 31. Coach China sales were roughly even but increased 6 per cent on a constant currency basis when the impact of…
Luxury fashion company Coach Malaysia has opened its largest store for Southeast Asia, in Kuala Lumpur’s Pavilion Elite. The store is part of the company’s continuous expansion strategy in the Asian market despite it closing its Hong Kong flagship last year.…
Handbag and accessories maker and retailer Kate Spade & Co, under pressure from activist investor Barry Rosenstein, is working with a bank to sound out possible buyers. Quoting insiders, the Wall Street Journal says potential buyers contacted include…