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Stuart Vevers is having an identity crisis right now, his recent collections have been all over the place.
What Stuart doing now reminds me of Christopher Bailey during the end of his tenure. Not a good look.
Tapestry stock is almost at its highest since 2018. He's had several hit bags, and the core accessory lineup sales are strong. The (few) clothes and runway accessories go into production do sell quite well.
Vevers seems happy swimming in his lane and making gobs of money while raising children comfortably in New York. The Coach creative director role is one of the highest paid in the industry, and his stock packages from 2019-2020 have all ballooned quite nicely.