All Tapestry articles

  • News briefs

    Tapestry releases 2020 corporate responsibility report


    Tapestry , the New York-based owner of Coach , Kate Spade and Stuart Weitzman , released its 2020 Corporate Responsibility Report, which highlights social and environmental progress made in the fiscal year ending June 27, 2020. It marks the eighth year of reporting for the group, but the ...

  • Stuart Weitzman

    Stuart Weitzman significantly reduces its losses


    In the fiscal third quarter ended on March 27, Stuart Weitzman managed to significantly cut its operating losses thanks to higher revenues and a reduction in expenses. The brand, which is owned by the American group Tapestry , posted net sales of $57 million for the quarter compared ...

  • News briefs

    Former VF CFO joins Tapestry


    Tapestry , the New York-based owner of Coach , Kate Spade and Stuart Weitzman , has appointed Scott Roe as chief financial officer (CFO), effective June 1. Roe will have responsibility for all finance functions as well as leading the company’s strategy and consumer insights teams. He ...

  • Todd_Kahn_Headshot
    News briefs

    Todd Kahn confirmed as CEO of Coach


    On April 15, Tapestry appointed Todd Kahn as chief executive officer and brand president of Coach , following a comprehensive search. Kahn is responsible for all aspects of the brand globally and reports to Joanne Crevoiserat , the CEO of Tapestry. Kahn joined the company in January ...

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    News briefs

    Tapestry joins Black in Fashion Council Active Allyship Pledge


    The New York-based fashion group Tapestry announced its participation in the Black in Fashion Council Active Allyship Pledge . Members of the program commit to joining together to secure the advancement of Black individuals in the fashion and beauty industry. “We have committed to expanding diversity in our ...

  • Stuart Weitzman

    Stuart Weitzman cuts expenses as sales fall


    In the fiscal second quarter ended on Dec. 26, Stuart Weitzman managed to lift its operating profit despite a decline in revenues thanks to aggressive cost savings. The brand, which is owned by the American group Tapestry , posted net sales of $85 million, down by 27 percent ...

  • footwear generic

    Stocks of footwear companies fell by 16.3% in 2020


    Well functioning financial markets are providers of information and signals. We are analyzing last year’s performance of footwear companies, but also of luxury goods and e-commerce companies with a strong footwear component, to see how markets perceived some of the key players of our industry.

  • Stuart Weitzman

    ​Stuart Weitzman’s Q4 sales plummet to $33 million


    In the fiscal fourth quarter ended on June 27, Stuart Weitzman posted net sales of $33 million, down from $85 million in the same period of the prior year, largely due to the impact of the Covid-19 pandemic. The brand, which is owned by the American group Tapestry ...

  • Article

    Tapestry’s CEO resigns less than a year in the job


    Jide Zeitlin , the chairman and chief executive of Tapestry , has resigned with immediate effect for personal reasons, less than one year after becoming CEO. Tapestry, a New York-based luxury goods house, owns the brands Coach , Kate Spade and Stuart Weitzman. In September 2019, Zeitlin replaced ...

  • Article

    ​Stuart Weitzman parent company reopens over 300 stores in North America


    Tapestry and Columbia Sportswear , like many other retailers, are reopening stores in North America, after U.S. sales of clothing and footwear fell by over 89 percent year-on-year in April due to the lockdown imposed to combat the Covid-19 pandemic.

  • News briefs

    CEO and president of Coach steps down


    Tapestry , the parent company of Stuart Weitzman , previously called Coach , has announced the departure of Joshua Schulman , chief executive and president of the Coach brand, after a transition period. During the search for Schulman’s successor, Tapestry’s chairman and CEO, Jide Zeitlin , will have direct oversight ...