Global number of stores of Tapestry, Inc. 2013-2023
Tapestry Inc. consists of three brands: Coach, Kate Spade, and Stuart Weitzman. Coach and Kate Spade are primarily known for their handbags, while Stuart Weitzman is a footwear brand. As of July 2, 2022, there were 1,443 Tapestry Inc. stores in operation worldwide.
Coach Inc.
Tapestry Inc. was formerly known by its flagship brand Coach until late 2017. The Coach brand manufactures luxury handbags, wallets, men’s and women’s apparel, and footwear, among other items. In 2022, Coach’s net sales were almost 5 billion U.S. dollars, with the majority of the brand’s sales being generated by the women’s handbag segment. Coach’s men’s product segment has expanded considerably since 2013, from around 600 million U.S. dollars in sales to 947 million dollars as of 2023.
Luxury Women’s Handbags
Handbags belong to the personal goods product segment, which is the second largest luxury goods market worldwide, behind luxury cars. Among American teens, luxury handbags are very sought after, with Michael Kors, Kate Spade, and Coach being among the five most popular purse brands as of Fall 2022. In the United States, retail sales of women’s handbags amounted to roughly 13 billion U.S. dollars in 2021, a peak for handbag sales.
Coach Inc.
Tapestry Inc. was formerly known by its flagship brand Coach until late 2017. The Coach brand manufactures luxury handbags, wallets, men’s and women’s apparel, and footwear, among other items. In 2022, Coach’s net sales were almost 5 billion U.S. dollars, with the majority of the brand’s sales being generated by the women’s handbag segment. Coach’s men’s product segment has expanded considerably since 2013, from around 600 million U.S. dollars in sales to 947 million dollars as of 2023.
Luxury Women’s Handbags
Handbags belong to the personal goods product segment, which is the second largest luxury goods market worldwide, behind luxury cars. Among American teens, luxury handbags are very sought after, with Michael Kors, Kate Spade, and Coach being among the five most popular purse brands as of Fall 2022. In the United States, retail sales of women’s handbags amounted to roughly 13 billion U.S. dollars in 2021, a peak for handbag sales.
