Gen Z is obsessed with this once-forgotten handbag brand, and sales are soaring

Legacy leather goods brand Coach has won over Gen Z, and it’s already translating into results. Tapestry, the parent company of both Coach and Kate Spade, just released its Fiscal 2027 First Quarter Results alongside a full-year outlook. The company revealed it has welcomed 2.6 million new consumers in the quarter, of which 35% were Gen Z. The new customers helped Tapestry grow 12% in adjusted revenue this quarter and beat estimates. But the brands are not pulling equally, w...