Coach owner Tapestry raises annual sales forecast

Reuters

Thu, May 8, 2025, 3:49 AM

(Reuters) - Coach genitor Tapestry connected Thursday raised its fiscal 2025 gross forecast for the 3rd time, benefiting from constricted vulnerability to Trump's sweeping tariffs and higher full-price merchantability of its fashionable Tabby handbags.

The institution expects yearly gross of astir $6.95 billion, compared to its anterior forecast of much than $6.85 cardinal issued successful February.

(Reporting by Savyata Mishra successful Bengaluru; Editing by Arun Koyyur)