Tapestry, Inc.

The parent company of Coach, Kate Spade and Stuart Weitzman reported first-quarter earnings that beat analyst estimates even as sales disappointed due to ongoing weakness at Kate Spade.

Macy's has transformed the men's floor of its New York City flagship with new brands and curated assortments.

There’s been an abrupt changing of the guard at Tapestry Inc.

Don’t look for Tapestry to make any acquisitions in the near future.

The parent company of Coach and Kate Spade has ended its search for a CFO.

Disney is looking to update its customer experience, offline and online, in what it said represents "the next generation of Disney retail."   The company is testing a new store prototype in select locations, including Century City, Calif.; Northridge, Calif.; Miami, Fla. (opening Sept. 28); Nagoya, Japan; and Shanghai, China. The prototype is designed to bring the magic of Disney to retail through innovative technology, storytelling and cast member interaction, the company stated.  

Coach ends its fiscal with a set of strong results that signify the turnaround program is making excellent progress. Although sales shrunk in both North America and Europe, this is because this quarter was a week shorter than the same period last year. When this is stripped out, total Coach brand sales rose by 5%, or by 7% on a constant currency basis.  

Coach beat the Street on earnings in the fourth quarter even as its sales declined as the company continued to pullback on shipments to department stores.    Net income nearly doubled to $151.7 million, or 53 cents per share, in the quarter ended July 1, amid a 16% decline in selling and general expenses, compared to net income in year-ago period of $82 million. Earnings, adjusted for non-recurring gains, came to 50 cents per share. Analysts had estimated earnings of 49 cents per share.