Coach’s 16% Growth Lifts Tapestry’s Outlook as Kate Spade Sales Fall
Coach grew 16% as Tapestry raised its fiscal 2027 outlook, while Kate Spade sales fell 10%. The quarter also brought stronger handbag pricing and growth in China.
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Steve Madden Raises Its Outlook as Wholesale Revenue Rose 19.4%
Steve Madden raised its 2026 outlook after revenue climbed 15.7%. Wholesale growth led the quarter, while deeper seasonal discounts pressured comparable DTC margins.
Ralph Lauren Raises Its Outlook as Asia Sales Jump 28%
Ralph Lauren lifted its fiscal 2027 outlook after Asia revenue rose 28%. Stronger direct-to-consumer sales came with important tariff-refund and wholesale-timing caveats.