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Coach’s growth is reshaping the luxury accessories race

  • Tapestry (NYSE:TPR) reported fiscal 2026 revenue of $8 billion, up 14%, as Coach revenue increased 24% for the year.
  • Ralph Lauren is also posting double-digit growth, while Capri and LVMH’s Fashion & Leather Goods business show a more mixed sales picture.
  • The sector now faces uneven consumer demand, tariffs, currency movements and pressure to protect margins while maintaining brand growth.
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Bloomberg
Financial

Better Home & Finance Founder on Fight for Company

Embattled former Better.com CEO Vishal Garg says he believes that 'the job of making home ownership better for all Americans is not done' after he departed the company on August 3rd. He claims to have the support of a majority of Class A and B shareholders to return to the head of the company, in lieu of interim CEO Daniel Lewis. He speaks to Romaine Bostick on Bloomberg's 'The Close.'

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Bloomberg
Financial

Hollywood Box Offices Are Back

Hollywood has once again cheated death. The first seven-plus months of 2026 have revived the industry's faith not just in movies but in the act of going to the theater. Global ticket sales have increased 15% from a year earlier and are on pace for their best annual total since 2019. Five movies have eclipsed $1 billion, with Spider-Man: Brand New Day almost clearing that on opening weekend. With new installments of Dune and Avengers coming, that group could swell to seven the second-most on record. Bloomberg News Media & Entertainment Managing Editor Lucas Shaw brings us the latest from Hollywood.

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