Tapestry has raised its annual revenue outlook to $7.95 billion following a strong fiscal third quarter performance.The company reported a 19 percent revenue increase to $1.92 billion as the Coach brand successfully attracted younger consumers.Profitability metrics surged during the period with net income rising 69 percent compared to the previous year.Management plans to sustain momentum by increasing marketing spend and focusing on popular leather goods like the
Tabby handbag.