HIGHBuilt-inProduct / Revenue mix
86.4%
Coach segment
“10-K Item 1: 'Coach includes global sales of primarily Coach brand products ... This segment represented 86.4% of total net sales in fiscal 2026'”
TPR · Concentration risk · 10-K extracted
Tapestry (TPR) concentration risks
Updated
The most significant concentration Tapestry discloses is Coach segment at 86.4%, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Source: Tapestry’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 3 disclosed concentrations
HIGH1
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMBuilt-inGeographic
41.3%
net sales outside the United States
“10-K Item 1A: 'approximately 41.3% of our net sales coming from operations outside of the United States for fiscal year 2026'”
MEDIUMBuilt-inGeographic
Vietnam, Cambodia, the Philippines and India manufacturing
“10-K Item 1: 'manufacturers of Coach products were primarily located in Vietnam, Cambodia, the Philippines and India'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-10-18Tapestry's concentrations are largely structural and reinforce one another. The Coach segment represented 86.4% of total net sales in fiscal 2026, a high-share exposure: the company's results are overwhelmingly a function of one brand's demand, pricing power and product cycle. That is the concentration most likely to move the verdict. The other two exposures are medium-share and describe the operating footprint around that brand. Approximately 41.3% of net sales came from operations outside the United States, which adds currency and regional-demand sensitivity. On the sourcing side, manufacturers of Coach products were primarily located in Vietnam, Cambodia, the Philippines and India. Both are structural in character rather than dependencies on a single counterparty. Netting them out, the geographic and manufacturing exposures are not offsets to the brand concentration; they compound it, because the same brand carries both the international sales and the Asian sourcing footprint. Trade policy, regional shocks or a brand misstep would therefore flow through a single revenue engine. The sourcing base is spread across several countries, which softens single-country risk, but the segment dependence remains the dominant feature.
For the engine’s reasoning on TPR’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Luxury Goods
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| TPR● | Tapestry, Inc. | 1 | 2 | 0 | 3 |
| CPRI | Capri Holdings Limited | 1 | 1 | 2 | 4 |
| MOV | Movado Group Inc. | 0 | 0 | 0 | 0 |
| REAL | The RealReal, Inc. | 0 | 0 | 0 | 0 |
| SIG | Signet Jewelers Limited | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.