Coach, Kate Spade and Stuart Weitzman. That’s right - we’re going to talk all about fashion today with Tapestry - the parent company behind the three brands I mentioned earlier. 

The company recently released its fiscal 2023 second quarter financial results, where it raised its profit outlook for the full year. 

Tapestry also added about 2.6 million customers in North America in the quarter - nearly half of them were Gen Z and millennials. Closer to home, the company also saw robust growth in parts of Asia, including in Japan, which together outperformed expectations. 

But why is this the case, and what does that strong demand and younger customer base mean for the company in terms of product offerings and even pricing? 

On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mrs Campbell O’Shea, Vice President and General Manager at Tapestry Southeast Asia and Oceania for more.

Coach, Kate Spade and Stuart Weitzman. That’s right - we’re going to talk all about fashion today with Tapestry - the parent company behind the three brands I mentioned earlier. 
The company recently released its fiscal 2023 second quarter financial results, where it raised its profit outlook for the full year. 
Tapestry also added about 2.6 million customers in North America in the quarter - nearly half of them were Gen Z and millennials. Closer to home, the company also saw robust growth in parts of Asia, including in Japan, which together outperformed expectations. 
But why is this the case, and what does that strong demand and younger customer base mean for the company in terms of product offerings and even pricing? 
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian sat down with Mrs Campbell O’Shea, Vice President and General Manager at Tapestry Southeast Asia and Oceania for more.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

From politics to pop culture, we've got it all. Get ready to immerse yourself in the world of business, lifestyle, culture, travel, and sports.

The Evening Runway with Hongbin Jeong and Chua Tian Tian

The Evening Runway with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Under the Radar: Luxury fashion - a look into Tapestry’s recent earnings; its 2.6 million new customers in North America; Rise in Gen Z and millennials spenders; Robust growth in Asia; Room for price hikes; China’s recovery; Importance of DTC channels in boosting sales

Advertisement