Stock Track | Tapestry Soars 5.06% in Pre-Market on Strong Demand for Affordable Luxury

Stock Track

02/05

Tapestry Inc.'s stock experienced a significant pre-market surge of 5.06% on Thursday.

The movement appears to be driven by positive sentiment surrounding the company's Coach brand, which is reportedly enjoying strong demand as shoppers increasingly opt for more affordable handbags following sharp price hikes at high-end luxury competitors like Chanel and Dior.

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