Tapestry’s Strong Q3: Coach Leads Growth, Outperforms Expectations
Tapestry's Q3 2025 earnings surged, driven by Coach's impressive 15% growth. Revenue rose 8% to $1.6B, exceeding expectations. Outlook raised for fiscal 2025, forecasting 4% growth.
Adidas reaches settlement with Ye as Yeezy inventory dwindles
Gross margin expanded 2 percentage points to 51.3%, despite the hit from “this year’s significantly smaller and less profitable Yeezy business,” and net income soared 70% to 476 million euros, per a company press release.