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Tapestry, Inc.

  • Second quarter brings cheer to Coach

    A timely acquisition helped Coach Inc.’s post a sales gain in the second quarter — its first quarterly increase in 10 quarters.

    The handbag and accessories retailer’s total sales increased 4.0% in the quarter ended December 26, to $1.27 billion, up from $1.22 billion in the year ago period.

  • Time Equities acquires Columbia Gorge Premium Outlets for $28,425,000

    Troutdale, Ore. -- Time Equities announced the expansion of its Northwest portfolio with the acquisition of Columbia Gorge Premium Outlets, located in Troutdale, Oregon for $28,425,000.

  • Off-pricer to make New Orleans debut

    Nordstrom Rack is coming to New Orleans.

  • How luxury brands do social media

    When it comes to promoting high-end retail and product brands on social media, different platforms suit different companies.

  • Study: How do luxury brands fare on social media?

    When it comes to promoting high-end retail and product brands on social media, different platforms suit different companies.

    According to new research from Engagement Labs, on Facebook, high-end shoe brand Christian Louboutin ranked first with the highest overall proprietary “eValue” social media measurement score, as well as the highest engagement and responsiveness scores among luxury brands studied.

  • Coach executive named new CFO at Bon-Ton

    The Bon-Ton Stores Inc. has a new finance chief to help the company strengthen its balance sheet.

    The retailer has named Nancy A. Walsh to the position of executive VP, CFO of the company, effective Nov. 9. Walsh will have responsibility for Accounting, Treasury, Tax, Credit, Investor Relations, Legal and Internal Audit.

  • Is Coach back in vogue?

    Coach says increased demand for its merchandise and fewer discounts led the luxury goods maker and retailer to report increased profit in the first quarter despite a steep 9.5% drop in same-store sales.

    The company said that for the first quarter ended Sept. 26, earnings were 41 cents a share (analysts expected 40 cents). Net income fell 19% to $96.4 million. Sales dropped 0.8% to $1.03 billion in the quarter, missing analysts’ $1.04 billion projection.

  • Noteworthy month for Simon's Premium Outlets division

    Indianapolis -- Simon announced the opening of an additional 250,000 sq. ft. of outdoor shopping space, significantly increasing the footprint of Chicago Premium Outlets in Aurora, Illinois. New stores including Saks Fifth Avenue Off 5th, Columbia Sportswear, UGG Australia, Vince, and the first Midwest outlet stores for Robert Graham and Clarins have joined existing brands such as Coach, Cole Haan, Michael Kors, Nike Factory Store, Skechers, Under Armour, and Vera Bradley who have expanded their presence.

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