Exhibit 99.1 CONTACTS: Tapestry, Inc. Analysts and Investors: Christina Colone Global Head of Investor Relations 212/946-7252 ccolone@tapestry.com Media: Jennifer Leemann Global Head of Communications 212/631-2797 jleemann@tapestry.com TAPESTRY, INC. REPORTS FISCAL 2025 FOURTH QUARTER AND FULL YEAR RESULTS Link to Download Tapestry's Q4 and Fiscal Year Earnings Presentation, Including Brand Highlights New York, August 14, 2025 – Tapestry, Inc. (NYSE: TPR), a house of iconic accessories and lifestyle brands, ...

POLAND - 2025/01/23: In this photo illustration, the Tapestry Inc company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Note: Tapestry's FY'25 concluded in June 2025.The luxury fashion brand Tapestry (NYSE: TPR) is set to announce its fiscal fourth-quarter earnings (June fiscal year) on Thursday, August 14, 2025, with analysts estimating earnings of $1.02 per share on $1.68 billion in revenue ...

Group 1: Market Overview - The luxury goods sector is experiencing a mixed performance, with some brands showing resilience while others struggle in a declining market environment [1] - Ralph Lauren reported a 14% year-over-year revenue increase to $1.7 billion in Q1 of FY2026, exceeding market expectations [3] - Capri Holdings saw a 6% decline in revenue to $797 million but turned a profit of $53 million, indicating a strategic focus on its core brands [4] Group 2: Brand Performance - Crocs' stock plummeted by 29.2% after a disappointing earnings outlook, forecasting a 9% to 11% revenue decline for Q3 [2] - Shiseido's sales fell by 7.6% to 470 billion yen (approximately 22.9 billion RMB) in the first half of FY2025, but core operating profit rose by 21.3% [6] - Hugo Boss reported flat sales of 2 billion euros in H1 2025, with a slight profit increase to 87 million euros [7] Group 3: Strategic Moves - Anta is reportedly acquiring Reebok, aiming to enhance its global presence, although the deal's finalization remains uncertain [8] - Tapestry has sold its struggling Stuart Weitzman brand for $120.2 million, allowing it to focus on its core brands Coach and Kate Spade [9] - Kering Group is partnering with Swire Properties to promote sustainable retail practices, aligning with its environmental commitments [11] Group 4: Regional Expansion - Fendi opened its first store in Cancun, Mexico, to expand its market presence, featuring a design that blends Italian aesthetics with local culture [10] - The Asian market showed significant growth for Ralph Lauren, with revenue increasing by over 30% in China [3] - The Americas and Asia regions reported growth for the global cosmetics giant Intercos, with a 15.6% increase in the Asian market [12]

来源：美通社 顾问团队 关于 Caleres 本次交易中，Tapestry, Inc.由摩根士丹利（Morgan Stanley & Co. LLC）担任财务顾问，Latham & Watkins LLP 担任法律顾问。Caleres 由美国银行证券（BofA Securities）提供财务顾问服务，并由 BCLP （Bryan Cave Leighton Paisner）律师事务所担任法律顾问。 Caleres 是一家行业领先的全球鞋履品牌管理公司，旗下品牌包括 Famous Footwear、Sam Edelman、 Allen Edmonds、Naturalizer、Vionic 等知名品牌。公司产品广泛覆盖全球市场——不仅在近 1,000 家自 营零售门店中销售，同时也进驻各大百货公司、专业鞋履零售商，并通过 15 个官方电商平台及众多第 三方线上渠道触达消费者。 Caleres 既承载着悠久的品牌传承，也肩负着不断创新的使命。公司 140 余 年的工艺传承彰显了对鞋履制作的极致追求，而企业使命则是通过卓越的贴合度与舒适感，持续激励每 位消费者，让美好体验从脚下开始。欲了解更多信息，请访问 caler ...

Core Viewpoint - Tapestry, Inc. stock has declined as analysts reassess its valuation despite the ongoing strength of the Coach brand, leading to a downgrade from Buy to Hold by Bank of America Securities analyst Lorraine Hutchinson, while raising the price forecast from $95 to $115 [1][2]. Group 1: Financial Performance and Projections - Tapestry has traded at an average P/E of 13x over the past decade, currently sitting at the upper end of the range, which has influenced the downgrade to a Neutral stance [2]. - Hutchinson forecasts a solid fourth quarter with EPS of 98 cents, matching management's guidance, alongside expected sales growth of 5.4% and an operating margin of 16.4% [3]. - Fiscal year 2026 guidance will be closely monitored, with expectations for mid-single-digit sales growth and stable margins, balancing tariff-related pressures with SG&A efficiency [3]. Group 2: Brand Performance and Market Dynamics - The Coach brand continues to perform well due to effective marketing and premium product appeal, although management is not expected to forecast double-digit growth for the brand this year [4]. - There is potential for upside in fiscal year 2026 estimates, but limited long-term margin expansion is anticipated beyond Coach's current operating margin of 33.6% [4]. Group 3: Tariff Impact and Profitability - Management is expected to maintain profitability over time despite tariff pressures, with a projected 60 basis points decline in gross margin for fiscal year 2026 due to tariffs, with full recovery anticipated by fiscal year 2027 [5].

Late last year, the Biden administration's Federal Trade Commission blocked yet another merger, Tapestry's $ 8.5% billion acquisition of Capri Holdings. The deal would have united six fashion accessory brands varying sizes under one roof. Tapestries Coach, Kate Spade, Steuart Whitesman, and Capri's Michael Kors, Versace, and Jimmy Shu.The FTC argued that this would create an excessively concentrated player in the quote unquote accessible luxury handbags market and the judge agreed. But if anything's happene ...

Core Insights - Tapestry, Inc. (TPR) shares reached a new 52-week high of $102.31, closing at $102.16, with a stock rise of 56.4% compared to a 12.3% decline in the Zacks Retail-Apparel and Shoes industry [1] - The company's diversified business model and strong omnichannel presence position it to outperform the broader Retail Wholesale sector and the S&P 500 index [1] Stock Performance - Tapestry is currently trading above its 50-day and 200-day simple moving averages of $84.69 and $69.85, indicating price stability and long-term bullish trends [2][4] - The technical strength reflects positive market sentiment and growing investor confidence in TPR's financial health and growth potential [2] Growth Drivers - Tapestry's leadership in the global affordable luxury market is driven by focused brand strategies, strong customer engagement, and operational excellence [5] - The Coach brand is a key growth driver, posting a 15% year-over-year revenue increase and achieving a record 79% gross margin [6][10] - Coach added 900,000 new North American customers, with nearly 70% from Gen Z and Millennials [8][9] International Performance - International markets contributed significantly, with Europe's revenues growing 35% at constant currency and Asia-Pacific rising 4%, including a 5% gain in Greater China [11] - The omnichannel model remains a competitive advantage, with direct-to-consumer sales up 9% [11] Financial Health - Tapestry returned over $2 billion to shareholders through dividends and share repurchases in fiscal 2025, supported by strong free cash flow [12] - The company maintains a gross leverage of 1.6 times adjusted EBITDA, well below the target of under 2.5 times, indicating financial flexibility [12] Future Outlook - For fiscal 2025, Tapestry raised its full-year guidance, expecting net sales of approximately $6.95 billion, representing about 4% year-over-year growth [13] - Earnings per share are projected at $5, indicating high-teens growth over the prior year [13] - Regional sales growth is expected to be 3-4% in North America, approximately 30% in Europe, and low-single-digit growth in Greater China [14] Profitability Expectations - The company anticipates operating margin expansion of about 100 basis points year-over-year, driven by gross margin improvements [15] - Free cash flow for fiscal 2025 is forecasted to be approximately $1.3 billion, supporting continued investments in store enhancements and digital infrastructure [15]

Group 1: Market Trends - Several luxury brands are adjusting their strategies in the Chinese market, with Gucci closing 6 stores in a year and Burberry's sales in Greater China declining by 21% year-on-year [1] - The Zegna Group reported a 14.5% decrease in revenue in China, and a total of 14 stores were closed by six top luxury brands in mainland China throughout 2024 [1] - Bain & Company forecasts a 2% decline in global personal luxury goods consumption in 2024, marking the first drop in a decade [1] Group 2: Brand Strategy Insights - Zhang Chunyu, a brand management expert, emphasizes the importance of establishing genuine connections with consumers rather than merely focusing on product sales [1][3] - The shift from heavy flavors to lighter, more refreshing tastes in snack foods reflects changing consumer preferences, as seen in the successful launch of Lay's cucumber-flavored chips [4][5] - Cartier's strategy to reposition its wedding rings involved shifting the narrative from traditional luxury to focusing on emotional connections in relationships, leading to increased consumer engagement [6][7] Group 3: Cultural Relevance - International brands are facing challenges in connecting with Chinese consumers, as traditional marketing approaches feel disconnected [9][10] - The collaboration between Coach and the iconic Chinese brand White Rabbit represents a significant cultural crossover, allowing Coach to resonate more deeply with local consumers [10][11] - The success of this collaboration demonstrates the potential for international brands to use local cultural symbols to create emotional connections with consumers [10][11] Group 4: Brand Growth Principles - Zhang Chunyu has developed a "brand growth principles" methodology that emphasizes understanding consumer needs, establishing strategic brand positions, and ensuring consistent brand expression across all touchpoints [12][13] - This approach aims to transition brands from price competition to value-driven engagement, aligning with modern consumer expectations for brand values and experiences [12][13]

Core Insights - Gen Phoenix has announced an expanded partnership with Tapestry, including a three-year supply agreement and a $15 million investment round led by Material Impact, increasing Tapestry's equity stake to 9.9% [1][5] - The partnership aims to innovate sustainable materials, enhancing the supply chain resilience and aligning with consumer values for sustainability [4][7] Company Overview - Gen Phoenix specializes in sustainable recycled leather fiber materials, utilizing a circular process to transform leather offcuts into premium materials [6][8] - Tapestry is a global house of brands, including Coach, Kate Spade, and Stuart Weitzman, committed to craftsmanship, innovation, and sustainability [9] Partnership Dynamics - The collaboration has evolved into a strategic partnership, focusing on co-creating sustainable solutions and sharing resources such as R&D and design insights [3][4] - The partnership is positioned as a blueprint for integrating material innovation with brand heritage, aiming for a significant impact on the fashion industry's sustainability efforts [3][5] Investment and Growth - Tapestry's investment will enable Gen Phoenix to scale production, expand into new markets, and enhance R&D for fully circular leather solutions [7] - Gen Phoenix's production facility in the U.K. has the capacity to produce over 60 million square feet of material annually, supporting the growing demand for sustainable luxury materials [7][8]

Core Insights - Tapestry, Inc.'s omnichannel strategy enhances customer engagement and drives revenue growth and profitability through the integration of digital and physical retail channels [1][6] Financial Performance - In Q3 of fiscal 2025, direct-to-consumer sales increased by 9% year-over-year, with digital sales growing in the mid-teens and brick-and-mortar sales seeing mid-single-digit growth [2] - Total net sales reached $1,584.6 million, marking a 6.9% year-over-year increase and an 8% growth on a constant-currency basis [2] Customer Engagement - The omnichannel model improves customer experience and captures full-price demand across various touchpoints, particularly appealing to Gen Z consumers through innovative retail formats [3] - Tapestry acquired over 1.2 million customers in North America in Q3, with two-thirds being Gen Z and Millennials, indicating strong future lifetime value [5] Marketing Strategy - Marketing investments have increased to nearly 10% of sales, up from 3-4% pre-pandemic, focusing on effective media planning and emotional storytelling [4] Valuation Metrics - Tapestry is currently trading at a forward P/E multiple of 16.93X, which is lower than the Retail-Apparel and Shoes industry's average of 17.99X and the Retail-Wholesale sector's average of 24.97X [7] Stock Performance - Tapestry's shares have risen by 44.3% over the past three months, outperforming the Zacks industry growth of 25.5% and the S&P 500 index's growth of 18.2% during the same period [11] - The stock closed at $92.21, near its 52-week high of $93.48, and is trading above its 50 and 200-day SMAs of $80.65 and $67.92, respectively [14] Earnings Estimates - The Zacks Consensus Estimate for Tapestry's earnings has increased by seven cents to $5.05 per share for the current fiscal year, indicating a year-over-year growth of 17.7% [16]