Tapestry Inc. has increased its revenue guidance for the fiscal year due to strong sales from its Coach brand and strong performance in Europe.

The company now expects revenue to exceed $6.75 billion, representing a potential growth of up to 2% compared to the previous year.

This is an improvement from the flat growth forecasted in August. The positive outlook demonstrates the resilience of Tapestry's brands, particularly Coach, in the face of strong consumer demand.

The updated forecast highlights the company's ability to adapt and succeed in a competitive retail environment, positioning it for a more favorable financial year ahead.