Tapestry: Deal Risk Despite An Attractive Valuation (NYSE:TPR)

Coach Acquires Kate Spade In 2.4 Billion Dollar Deal

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Investment Thesis

Tapestry, Inc (NYSE:TPR) is a luxury apparel company beginning the second part of its business strategy called “Futurespeed”. With a previously successful strategy prior through its “Acceleration Program”, the company saw higher average spend per customer, better


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