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Coach opens first global dining & hospitality experience in Jakarta, Indonesia

Coach has opened its first-ever Coach Restaurant and Coach Coffee Shop at the Grand Indonesia Mall in Indonesia as the luxury brand marks its debut venture into the hospitality industry. Inspired by Coach’s vision of Expressive Luxury, first revealed in 2022, the Coach Restaurant and the adjacent coffee shop mark the first of a series of dining...

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BusinessFeaturedMember

Coach-parent Tapestry posts loss for Q4 and full year

Net sales at Coach-parent Tapestry Inc totalled 715 million dollars for the fourth quarter compared to 1.51 billion dollars in the prior year. The company said in a statement that gross profit totalled 499 million dollars on a reported basis, while gross margin for the quarter was 69.8 percent compared to 999 million dollars and 66 percent,...

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