The summary highlights investment activities and stock performances related to '
Tapestry Inc'. Investment advisor
Cantor Fitzgerald cut its shareholdings, while
KBC Group and
Assenagon Asset Management increased stakes.
Aberdeen Group and
Ethos Capital Management also augmented their holdings. However,
Exchange Traded Concepts,
Ameriprise Financial, and
Congress Asset Management Co reduced their stakes. The company's stock has seen contrasting movements, reaching an all-time high and experiencing occasional drops. LED by
Coach's growth, Tapestry reported a 14% rise in Q2 2026 revenue to a record $2.5B.
Jim Cramer affirmed Tapestry's success in the market. The firm was also compared to
Nike, suggesting potential for Tapestry to outpace Nike. Notably, the company's digital-oriented strategy was enhanced by adding
Pinterest CTO, Matt Madrigal, to the board. Tapestry's
CEO committed to resolving Kate Spade's challenges while enhancing Coach. However, the stock faced a sell-off following concerns over profit impact due to tariffs.
Tapestry TPR News Analytics from Thu, 14 Aug 2025 07:00:00 GMT to Sat, 11 Apr 2026 08:41:21 GMT -
Rating 6
- Innovation 2
- Information 8
- Rumor -2
