[jollyburger]

Originally Posted by officedweller

I noticed in one video that there was no one in the Coach store - too down market?

They're actually doing pretty well recently.

Tapestry raised its annual earnings targets on Thursday for a second time after strong demand for its Tabby handbags helped the affordable luxury retailer comfortably beat holiday-quarter estimates.

Shares of the company rose ⁠about 5 percent before the bell.

Affluent Gen Z customers have been snapping up Tabby handbags, priced between $295 and $725, ⁠boosting sales for the company’s Coach brand when rivals such as Michael Kors have struggled to attract discerning shoppers.

Coach revenue surged 25 percent to $2.14 billion in the second quarter, beating estimates of a growth of 14.5 percent, according to data compiled by LSEG.

https://www.businessoffashion.com/news/l...out-holiday-quarter-for-parent-tapestry/