Ashish Parmar - Tapestry Chief Officer

TPR Stock  USD 62.28  1.36  2.23%   

Insider

Ashish Parmar is Chief Officer of Tapestry
Age 48
Address 10 Hudson Yards, New York, NY, United States, 10001
Phone(212) 946-8400
Webhttps://www.tapestry.com

Tapestry Management Efficiency

The company has Return on Asset of 0.076 % which means that on every $100 spent on assets, it made $0.076 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2992 %, implying that it generated $0.2992 on every 100 dollars invested. Tapestry's management efficiency ratios could be used to measure how well Tapestry manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Tapestry's Return On Tangible Assets are relatively stable compared to the past year. As of 12/01/2024, Return On Capital Employed is likely to grow to 0.12, while Return On Assets are likely to drop 0.06. At this time, Tapestry's Fixed Asset Turnover is relatively stable compared to the past year. As of 12/01/2024, Asset Turnover is likely to grow to 0.88, while Other Assets are likely to drop 0.95.
Tapestry has 8.77 B in debt with debt to equity (D/E) ratio of 1.43, which is OK given its current industry classification. Tapestry has a current ratio of 1.72, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Tapestry to invest in growth at high rates of return.

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Tapestry, Inc. provides luxury accessories and branded lifestyle products in the United States, Japan, Greater China, and internationally. Tapestry, Inc. was founded in 1941 and is headquartered in New York, New York. Tapestry operates under Luxury Goods classification in the United States and is traded on New York Stock Exchange. It employs 12600 people. Tapestry (TPR) is traded on New York Stock Exchange in USA. It is located in 10 Hudson Yards, New York, NY, United States, 10001 and employs 12,500 people. Tapestry is listed under Apparel, Accessories & Luxury Goods category by Fama And French industry classification.

Management Performance

Tapestry Leadership Team

Elected by the shareholders, the Tapestry's board of directors comprises two types of representatives: Tapestry inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tapestry. The board's role is to monitor Tapestry's management team and ensure that shareholders' interests are well served. Tapestry's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tapestry's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Satenstein, Principal Accounting Officer, Vice President Controller
Elizabeth Fraser, CEO York
Yann Bozec, President Pacific
Yang Lu, Chief Officer
Nicola Glass, Creative Director of Kate Spade
Manesh Dadlani, Principal Accounting Officer, Vice President Controller
Thomas Greco, Independent Director
Caroline Pasquier, Senior Communications
Joanne Crevoiserat, Chief Executive Officer, Director
Liz Fraser, Chief Executive Officer and Brand President, Kate Spade
Pamela Lifford, Independent Director
Yu Long, Independent Director
Susan Kropf, Independent Chairman of the Board
Anne Gates, Independent Chairman of the Board
Thomas Glaser, Chief Operations Officer
Johanna Faber, Independent Director
Ashish Parmar, Chief Officer
Sarah Dunn, Global Human Resources Officer
Jide Zeitlin, Chairman of the Board, Chief Executive Officer
David Denton, Independent Director
David Howard, Senior Vice President General Counsel, Secretary
Christina Colone, Global Relations
Jo Baldwin, Global VP
Darrell Cavens, Independent Director
Scott CPA, CFO COO
Todd Kahn, President, Chief Administrative Officer, Chief Legal Officer, Secretary, Interim Chief Executive Officer and Brand President, Coach
Denise Kulikowsky, Chief Officer
David CPA, General Secretary
Peter Charles, Chief Officer
Ivan Menezes, Independent Director
John Bilbrey, Independent Director
Scott Roe, Chief Financial Officer, Head of Strategy
Todd JD, CEO Coach
Andrea Resnick, Interim Chief Financial Officer, Global Head of Investor Relations and Corporate Communications
Noam Paransky, Chief Officer
Giorgio Sarn, CEO Weitzman
David Casey, Chief Officer

Tapestry Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tapestry a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Tapestry

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tapestry position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tapestry will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tapestry Stock

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Moving against Tapestry Stock

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The ability to find closely correlated positions to Tapestry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tapestry when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tapestry - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tapestry to buy it.
The correlation of Tapestry is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tapestry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tapestry moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tapestry can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Tapestry Stock Analysis

When running Tapestry's price analysis, check to measure Tapestry's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tapestry is operating at the current time. Most of Tapestry's value examination focuses on studying past and present price action to predict the probability of Tapestry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tapestry's price. Additionally, you may evaluate how the addition of Tapestry to your portfolios can decrease your overall portfolio volatility.