Tapestry, Inc. operates as a global designer and marketer of premium accessories and lifestyle products. The company's business model centers on its two primary brands: Coach, which generates the vast majority of revenue and is renowned for its high-quality leather handbags and accessories, and Kate Spade New York, known for its vibrant lifestyle apparel and accessories. Historically, the company also owned the luxury footwear brand Stuart Weitzman, which it divested to Caleres in August 2025 to focus on its core high-margin leather goods segments. Tapestry generates revenue through a multi-channel distribution strategy, including company-operated retail stores, e-commerce platforms, and wholesale channels. Geographically, the company has a strong footprint in North America, Greater China, and Europe. Following the blocked acquisition of Capri Holdings in late 2024, Tapestry pivoted to an 'Amplify' strategy, doubling down on its flagship Coach brand and leveraging data-driven insights to capture Gen Z and Millennial consumers. The company's competitive position is anchored in its 'accessible luxury' positioning, offering premium craftsmanship at more approachable price points than ultra-luxury European houses.