In Greater China, we currently expect to achieve year-on-year growth of more than 25% for the full year.

Global net new customers exceeded 3.7 million, with the number of Generation Z consumers increasing significantly year on year.

China’s handbag market has already begun to recover.

Hermès French luxury brand Hermès has announced that Ca […]

For the full fiscal year 2025, net sales increased by 5% year-on-year on both a reported and constant currency basis to USD 7.01 billion.

LOEWE French luxury group LVMH has appointed designer d […]

Before the merger announcement, Tapestry’s market value was more than double that of Capri. Currently, Tapestry’s market value is over five times larger.

Since the acquisition agreement was reached, Capri’s performance and stock price have remained sluggish, and the gap with Tapestry has gradually widened.

Tapestry Group’s fiscal year 2024 sales revenue grew by 1% on a constant currency basis, with Coach’s sales surpassing $5 billion for the first time, setting a new record.

The group is confident about the acquisition of Capri and is committed to actively addressing the lawsuit filed by the Federal Trade Commission, striving to complete the acquisition transaction by 2024.