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Fashion Jobs
CRESCENDO GLOBAL LEADERSHIP HIRING INDIA
Area Sales Manager | Personal/Hair Care | Chennai (2-5 Years)
Permanent · Chennai
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Area Manager-Chirala
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SCHEVARAN LABORATORIES
Area Sales Manager
Permanent · Pune
KONE
Vacancy For Production Manager-Chennai
Permanent · Chennai
KHS LG INNOVATION & ENGINEERING
Sales Manager
Permanent · Navi Mumbai
CLEANFIX-SCHEVARAN SYSTEM PVT LTD
Area Sales Manager
Permanent · Chennai
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Prayagraj
ALUDECOR LAMINATION
Asst. Area Sales Manager- Karnal
Permanent · Panipat
MILLION MINDS MANAGEMENT SERVICES LIMITED
Hiring Manager- Corporate Sales
Permanent · Bengaluru
RELIANCE RETAIL
Area Sales Manager
Permanent · Tiruchirappalli
STEPBEYD STRATEGIC GLOBAL CONSULTING PRIVATELIMITED
Area Manager /Area Sales Manager
Permanent · Salem
MONEYWISE FINANCIAL SERVICES
Area Sales Manager/ Regional Sales Manager (Asm/Rsm)
Permanent · Gurugram
DECOTOUCH PAINTS LIMITED
Area Sales Manager
Permanent · Prayagraj
YUTIKA NATURAL
Assistant Area Sales Manager - Maldah, Berhampore
Permanent · Malda
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Hyderabad
BAJAJ FINANCE
Sales Manager (Digital Product Finance)
Permanent · Dankuni
BAJAJ FINANCE
Sales Manager (Consumer Durable)
Permanent · Asansol
INCITE HR SERVICES
Area Sales Manager | Business Development Manager
Permanent · Durg
UNIBRAND DRINKS PVT. LTD
Horeca Sales Manager Mumbai Pune
Permanent · Pune
ORIENT ELECTRIC LTD.
Area Sales Manager - B2B Sales - Bangalore/ Belagavi
Permanent · Bengaluru
H&M
Administration Specialist
Permanent · BENGALURU
H&M
Sustainability Developer
Permanent · NEW DELHI
By
Reuters API Fashion
Published
Feb 9, 2023
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Coach owner Tapestry raises annual profit forecast

By
Reuters API Fashion
Published
Feb 9, 2023

Luxury group Tapestry Inc raised its annual profit forecast on Thursday, helped by resilient demand and its strategy to largely use company-owned stores and its website to sell Coach and Kate Spade bags.


Kate Spade - Facebook: Kate Spade


Shares of the company, which fell 4.5% on Wednesday following disappointing earnings and forecasts from rival Capri Holdings, rose 2% in premarket trading.

Analysts have said Tapestry should be more insulated from a slowdown in demand at North American department stores felt by rivals like Michael Kors owner Capri, as it sells most of its products through its own retail channels where consumer spending is still holding strong.

Only about 10% of Tapestry's revenue comes from wholesale channels, according to analysts at Raymond James.

The company said it now expected fiscal 2023 earnings of $3.70 to $3.75 per share, compared with its prior estimate of $3.60 to $3.70.

Total revenue fell 5% to $2.03 billion in the second quarter ended December 31, in line with analysts' average estimate, according to Refinitiv IBES data. 

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