Tapestry reported record revenue of $1.6 billion for the third quarter of its 2025 fiscal year, a 7% YoY increase driven entirely by its Coach brand. Coach posted a 13% rise in revenue to $1.3 billion. In contrast, revenue at Kate Spade declined 13% to $245 million, while Stuart Weitzman saw an 18% drop to $46 million. The decline at Stuart Weitzman follows Tapestry’s February agreement to sell the brand to Caleres for $105 million in cash, a deal expected to close this summer.