Time is moving fast for Tapestry Inc.

The company not only turned in a breakaway fiscal third quarter with continued strength from Coach, but it raised its outlook for the year — putting the premium handbag giant on pace to hit its three-year financial targets after just one year.

“We are just getting started,” crowed Joanne Crevoiserat, chief executive officer of Tapestry , in an interview with WWD. “Our success is by design. We are winning across the world.”

Coach’s sales increased 29 percent in constant currencies to $1.7 billion for the quarter ended March 28. Kate Spade remains a work in progress with constant currency sales down 11 percent to $219.6 million.

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