Tapestry Inc. – Recent Developments
Tapestry Inc. (NYSE: TPR) is a New York‑based textiles, apparel, and luxury goods company that designs and markets a wide range of products, including handbags, leather goods, footwear, fragrance, jewelry, outerwear, ready‑to‑wear, scarves, sunwear, travel accessories, and watches. The company’s shares traded at $153.85 on 16 February 2026, below its 52‑week high of $158.28 and well above its 52‑week low of $58.39. With a market capitalization of $31.14 billion, Tapestry’s price‑to‑earnings ratio stands at 63.28.
1. Historical Investment Performance
According to a report from Finanzen .NET, an early investment in Tapestry shares dated 13 February 2016 would have yielded substantial gains. On that day the stock closed at $35.58. An investor who had placed $10,000 into Tapestry on that date would have owned 281.057 shares. At the close on 13 February 2026, when the share price was $153.80, the holdings would be valued at $43,226.53, representing an increase of 332.27 %. The report notes that the company’s market value at that time was $31.10 billion and that the calculation excludes any consideration of stock splits.
2. Carbon‑Removal Partnership
On 17 February 2026, Tapestry announced a 10‑year partnership with Climeworks, a global leader in carbon‑removal technology. The agreement, announced in Zürich, Switzerland, marks Tapestry’s first purchase of carbon removals. Climeworks offers a diversified portfolio that combines five high‑quality carbon‑removal pathways, including both engineered and nature‑based approaches. The partnership is positioned as part of Tapestry’s broader decarbonization strategy.
3. Regulatory Context for Pension Schemes
While not directly related to Tapestry’s core operations, a regulatory update from Lexology highlights that trustees of pension schemes with more than 100 members must complete an Own Risk Assessment (ORA) within 12 months of the end of the first scheme year following 28 March 2024. The UK Pension Regulator (TPR) has clarified that the ORA is a substantial process, intended to demonstrate the effectiveness of a scheme’s governance. This development may influence the pension fund investors that hold Tapestry shares.
4. Market Commentary
A brief update from JD Supra on 16 February 2026 notes recent legal developments affecting workplace pensions in the UK, including a High Court decision on a Capita litigation case. Although these items do not directly involve Tapestry, they provide context for the regulatory environment in which the company’s institutional investors operate.
These items collectively illustrate Tapestry’s historical share‑performance trajectory, its active engagement in climate‑action initiatives, and the regulatory landscape that may affect its institutional stakeholders.
