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Tapestry hails Q2, announces "development initiatives"

2018-02-06 13:35:00| Daily apparel & textile news and comment - from just-style.com

Tapestry CEO Victor Luis said the group's second-quarter performance exceeded expectations, driven by a return to growth for Coach, sales gains at Stuart Weitzman and the contribution of Kate Spade, as he announced a series of "important business development initiatives", designed to allow each brand to assume greater direct control over its international distribution.

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