New York-based Tapestry, Inc. (TPR) provides accessories and lifestyle brand products in North America and internationally. The company has a market cap of $22.4 billion and operates through the Coach, Kate Spade, and Stuart Weitzman segments, and offers handbags, fashion designs, business cases, computer bags, accessories such as small leather goods, as well as novelty accessories, including address books, and more.
Companies with a market cap of $10 billion or more are typically referred to as “large-cap stocks.” TPR fits perfectly into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the luxury goods industry.