Tapestry breaks records in the first quarter of 2025-26

The American accessories group, now focused on its Coach and Kate Spade brands, achieved higher-than-expected sales and profits during the first quarter of its fiscal year, which ended in September. Buoyed by Coach sales and the development of a younger customer base, the group has raised its annual forecasts but remains cautious about the holiday season.

For Tapestry, life is good…even without Capri Holdings!

The American group announced record revenue, up 13% year-on-year (+12% at constant exchange rates) to $1.7 billion in the first quarter of 2025-26, which ended on September 27, 2025. It thus exceeded expectations, which were only $1.64 billion…

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Read also > Tapestry posts record third quarter, driven by Coach

Featured photo: © Coach