v3.26.1
SEGMENT INFORMATION (Tables)
 12 Months Ended
Jun. 27, 2026
Segment Reporting [Abstract]  
Schedule of Segment Performance
The following table summarizes net sales, significant expenses and operating profit (loss) of each of the Company's segments and reconciliation to the Company's Income (loss) before provision for income taxes for fiscal 2026, fiscal 2025 and fiscal 2024:
CoachKate Spade
Stuart Weitzman(1)
Total
(millions)
Fiscal 2026
Net sales$6,914.7 $1,074.9 $14.6 $8,004.2 
Cost of sales(2)
1,402.5 365.8 6.9 1,775.2 
Selling, general and administrative expenses(2)
2,971.0 719.1 8.7 3,698.8 
Total segment operating profit (loss):$2,541.2 $(10.0)$(1.0)$2,530.2 
Unallocated corporate expenses(3)
615.8 
Unallocated other charges, net(4)
53.8 
Income (loss) before provision for income taxes$1,860.6 
Fiscal 2025
Net sales$5,598.5 $1,197.1 $215.1 $7,010.7 
Cost of sales(2)
1,226.0 399.1 96.7 1,721.8 
Selling, general and administrative expenses(2)
2,497.2 1,567.2 133.8 4,198.2 
Total segment operating profit (loss):$1,875.3 $(769.2)$(15.4)$1,090.7 
Unallocated corporate expenses(3)
675.7 
Unallocated other charges, net(4)
198.9 
Income (loss) before provision for income taxes$216.1 
Fiscal 2024
Net sales$5,095.3 $1,334.4 $241.5 $6,671.2 
Cost of sales(2)
1,219.9 463.2 98.6 1,781.7 
Selling, general and administrative expenses(2)
2,224.3 738.6 164.1 3,127.0 
Total segment operating profit (loss):$1,651.1 $132.6 $(21.2)$1,762.5 
Unallocated corporate expenses(3)
622.4 
Unallocated other charges, net(4)
128.2 
Income (loss) before provision for income taxes$1,011.9 
(1)    During fiscal 2026, Stuart Weitzman Net sales, Cost of sales and Selling, general and administrative expenses represent results for the period prior to the sale on August 4, 2025.
(2)    Significant expense categories that are regularly provided to the CODM, or easily computable from information that is regularly provided to the CODM. SG&A expenses include Other selling, general and administrative expenses and Impairment of goodwill and intangible assets on the Company's Consolidated Statement of Operations.
(3)     Unallocated corporate expenses represent certain corporate expenses that are not directly attributable to a segment.
(4)    Includes Loss on extinguishment of debt, Interest expense, net and Other expense (income).
The following table summarizes depreciation and amortization expense of each of the Company's segments for fiscal 2026, fiscal 2025, and fiscal 2024:
Fiscal Year Ended
June 27, 2026(3)
June 28, 2025(3)
June 29, 2024
(millions)
Depreciation and amortization expense(1):
Coach$97.3 $91.2 $88.0 
Kate Spade33.4 34.141.6 
Stuart Weitzman0.3 6.110.6
Total segment depreciation and amortization expense:131.0 131.4140.2
Unallocated corporate(2)
41.2 36.0 33.8 
Total Depreciation and amortization expense:$172.2 $167.4 $174.0 
(1)    Depreciation and amortization expense for the segments includes an allocation of expense related to assets which support multiple segments.
(2)    Unallocated corporate, which is not a reportable segment, represents certain depreciation and amortization costs that are not directly attributable to a segment.
(3)    For the fiscal year ended June 27, 2026, depreciation and amortization expense includes $1.4 million of costs related to the Company's distribution network optimization efforts recorded within the Kate Spade segment, $0.9 million of impairment charges in connection with the sale of the Stuart Weitzman Business recorded within Unallocated corporate and $9.1 million of costs related to the Company's organizational efficiency efforts, of which $5.6 million was recorded within Unallocated corporate and $3.5 million was recorded within the Kate Spade segment.
For the fiscal year ended June 28, 2025, depreciation and amortization expense includes $2.7 million of impairment charges in connection with the sale of the Stuart Weitzman Business of which $2.1 million was recorded within Unallocated corporate and $0.6 million was recorded within the Stuart Weitzman segment and $1.8 million of costs related to the Company's organizational efficiency efforts, recorded within Unallocated corporate. Refer to Note 5, "Acquisitions and Divestitures," for further information.
Schedule of Net Sales by Product Category
The following table disaggregates Net sales for each of the Company's product categories by segment in fiscal 2026, fiscal 2025, and fiscal 2024:
 Fiscal Year Ended
June 27, 2026June 28, 2025June 29, 2024
Amount% of Total
segment net sales		Amount% of Total
segment net sales		Amount% of Total
segment net sales
(millions)
Coach
Handbags$4,016.3 58.1 %$3,223.3 57.6 %$2,889.9 56.7 %
Accessories1,991.8 28.8 1,539.5 27.5 1,407.9 27.6 
Footwear408.5 5.9 342.5 6.1 326.0 6.4 
Other498.1 7.2 493.2 8.8 471.5 9.3 
Total Coach$6,914.7 100.0 %$5,598.5 100.0 %$5,095.3 100.0 %
Kate Spade
Handbags$594.9 55.3 %$623.0 52.1 %$721.0 54.0 %
Accessories241.1 22.4 269.8 22.5 307.0 23.0 
Footwear48.1 4.5 55.2 4.6 57.4 4.3 
Other190.8 17.8 249.1 20.8 249.0 18.7 
Total Kate Spade$1,074.9 100.0 %$1,197.1 100.0 %$1,334.4 100.0 %
Stuart Weitzman(1)
$14.6 100.0 %$215.1 100.0 %$241.5 100.0 %
Tapestry
Handbags$4,611.2 57.6 %$3,846.3 54.9 %$3,610.9 54.1 %
Accessories2,232.9 27.9 1,809.3 25.8 1,714.9 25.7 
Footwear(1)
471.2 5.9 612.8 8.7 624.9 9.4 
Other688.9 8.6 742.3 10.6 720.5 10.8 
Total Tapestry$8,004.2 100.0 %$7,010.7 100.0 %$6,671.2 100.0 %
(1)All Stuart Weitzman net sales are included within the Tapestry Footwear category. For the year ended June 27, 2026, Stuart Weitzman net sales were for the period prior to the sale on August 4, 2025. Refer to Note 5, "Acquisitions and Divestitures," for further information.
Schedule of Geographical Area Information
United
States
Greater
China(2)
Japan
Other(3)
Total
(millions)
Fiscal 2026
Net sales(1)
$4,697.4 $1,398.7 $465.7 $1,442.4 $8,004.2 
Long-lived assets1,525.5 149.1 113.9 310.9 2,099.4 
Fiscal 2025
Net sales(1)
$4,208.1 $1,059.7 $514.8 $1,228.1 $7,010.7 
Long-lived assets1,431.7 142.3 105.1 257.7 1,936.8 
Fiscal 2024
Net sales(1)
$3,949.7 $1,012.6 $554.4 $1,154.5 $6,671.2 
Long-lived assets1,533.7 151.8 94.0 210.0 1,989.5 
(1)Includes net sales from our global travel retail business in locations within the specified geographic area.
(2)Greater China includes sales in mainland China, Taiwan, Hong Kong SAR, and Macao SAR.
(3)Other includes sales in Europe, Canada, Australia, Malaysia, South Korea, Singapore and other countries primarily in Asia as well as royalties earned from the Company's licensing partners.