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New York-based Tapestry, Inc. (TPR) is a luxury fashion and lifestyle company that designs and markets modern accessories and apparel. Valued at a market cap of $22.6 billion, the company owns a portfolio of iconic brands, including Coach, Kate Spade, and Stuart Weitzman, known for their craftsmanship, innovation, and distinctive style.
Shares of this luxury goods company have significantly outpaced the broader market over the past 52 weeks. TPR has rallied 98.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.4%. Moreover, on a YTD basis, the stock is up 51.3%, compared to SPX’s 14.3% uptick.