Tapestry CEO Highlights Gen Z as Key Growth Opportunity
Tapestry (TPR) CEO Joanne Crevoiserat emphasized that the upcoming influx of 25 million Gen Z women turning 18 annually over the next decade presents a significant growth opportunity for Coach and Kate Spade. The company's recent fiscal third-quarter results showed strong performance, with net sales rising to $1.9 billion and adjusted earnings per share increasing by 62%.