Coach Changes Corporate Name to Tapestry, but Bags Will Stay the Same
NEW YORK – Coach, the brand famous for its handbags, is about to change its corporate name. It'll soon be called Tapestry. The company announced Wednesday that it was planning to rename itself as Tapestry, effective on Halloween. The company's ticker symbol will change from COH to TPR as well. Shares of Coach fell more than 2% after the announcement.