TPR: Coach continues hot streak as promos evaporate
Another unbelievably strong quarter from Tapestry as consumer preferences further shift towards Coach. This has been an exciting one for Random Walk as continued sharp declines in email promotional campaigns have predicted this robust growth.
From the time our system tracked declining volumes of clearance emails and steep discounts shares are now up more than 110%!
Today’s Q2 results featuring 25% growth in Coach and strong gains in margins further validate our mission: when brands see robust organic growth, they quickly respond by reducing promotional email campaigns.
Our new dashboard shows every critical category from significant discounts to our clearance index in sharp decline. What an outlier!
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