Tapestry plummets with tariff costs weighing on profit outlook
By Bloomberg Published August 14, 2025 Tapestry Inc.’s annual outlook for a key profit metric missed analysts’ forecasts due in part to tariffs, a sign that Wall Street is still adjusting to the full cost of duties for US companies. Tapestry Inc. owns the labels Coach and Kate Spade – El Palacio de Hierro The…