Tapestry (TPR) news for Wednesday concerning an analyst upgrade for the Coach and Kate Spade owner has TPR stock on its way up. In comparison, the broader market (S&P 500) has declined only about 5%. Latest Stock Picks Investing Basics Premium Services. Stock Price For Ralph Lauren And Tapestry Has Seen A Similar Decline Over Recent Weeks. Try guessing the % returns for our Pershing-inspired portfolio - based on billionaire Bill Ackman’s firm Pershing Square - vs. the S&P over the last 1 week, 1 month, 3 months, YTD or even 3 years. The firm has a market cap of $4.56 billion, a P/E ratio of -7.00, a P/E/G ratio of 0.88 and a beta of 1.38. Based on a comparison of Tapestry’s stock (NYSE: TPR) trajectory over recent months with that around the 2008 recession, we believe that the stock can potentially gain 85%, to reach almost $25... Tapestry CEO Jide Zeitlin abruptly resigned from his role amid concerns about his past behavior. Surprisingly, the founders of Trefis discovered that along with most other people they just did not understand even the seemingly familiar companies around them: Apple, Google, Coca Cola, Walmart, GE, Ford, Gap, and others. A detailed comparison of Tapestry’s performance vis-à-vis the S&P 500 is available in our interactive dashboard analysis, How Did Tapestry Stock Fare vs. Will Tapestry’s Stock Recover Similarly From The Current Crisis? Opinions expressed by Forbes Contributors are their own. Coach handbag maker Tapestry Inc said on Tuesday its Chairman and Chief Executive Officer Jide Zeitlin has resigned from the company for personal reasons, effective immediately. The parent company of Coach, Kate Spade and Stuart Weizman originally said that he was stepping down, effective immediately, for “personal reasons.”. Amid an investigation into his personal behavior, Jide Zeitlin, CEO of Tapestry, stepped down from the fashion conglomerate’s top post. The Sharp Movements In Tapestry’s Stock Were Triggered By Several Underlying Factors. As of late, it has definitely been a great time to be an investor Tapestry. CNBC's Leslie Picker reports on news that Tapestry has launched a probe into its ex-CEO after accusations he lured a woman into a relationship surfaced. Log in Having trouble logging in? Tapestry provides luxury accessories and branded lifestyle products in the United States, Japan, China, Hong Kong, Macau, Taiwan, Europe, Canada, South Korea, Malaysia, Singapore, Australia, and New Zealand. The company operates through three segments: Coach, Kate Spade, and Stuart Weitzman. Leonard Todd Kahn / Joanne C. Crevoiserat. Jobless claims were below one million for the first time since late March, and we have seen retail sales increase for July. 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