US-based luxury fashion company Tapestry, Inc. has announced that its net sales totalled $6.68 bn for the full year as compared to $5.75 bn in the prior year, up by 16% y-o-y. On a 52-week comparable basis and excluding a 50-basis point headwind from currency, revenue rose 19% against last year. Compared to pre-pandemic FY19 levels, sales rose 11%.
