Luxury accessories Coach constant-currency sales growth measures Coach brand net sales growth after removing foreign-currency translation effects.
Tapestry reported 22.5% constant-currency growth in Coach net sales for fiscal 2026. Reported Coach sales increased 23.5% to $6.915B from $5.599B.
Direct-to-consumer sales drove the increase
Tapestry said Coach growth was primarily due to a $1.09B increase in DTC sales, mainly from North America, Greater China, and Europe.
That makes the brand growth rate broader than a comparable-store or wholesale metric.
Currency-neutral growth still includes channel and product mix
Removing foreign exchange does not isolate handbag demand, price, or store productivity.
Compare it with Coach handbag sales mix and Coach gross margin.
Primary source: Tapestry fiscal 2026 Form 10-K.
Part of the Luxury Accessories Brand Economics
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Compare Coach currency-neutral growth
Compare Coach brand growth after foreign-exchange adjustment with DTC, geography, product mix, and channel scope preserved.
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