Tapestry Shares Plunge 16% as Tariffs Hit Profit Forecasts
Tapestry Shares Plunge 16% as Tariffs Hit Profit Forecasts Tapestry, the parent company behind luxury brands Coach, Kate Spade, and Stuart Weitzman, experienced a significant stock decline today, with shares plummeting by nearly 16%. The sharp drop follows the company’s announcement that escalating tariffs are poised to negatively impact its profit margins, sparking investor concern over its financial outlook. 阅读中文版 (Read Chinese Version) Disclaimer: This content is aggregated from public sources online. Please verify information independently. If you believe your…