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Tapestry moves to Q3 loss and cuts outlook

2020-04-30 14:40:00| Daily apparel & textile news and comment - from just-style.com

Tapestry Inc has moved to a loss in its third-quarter and recorded a sales decline of nearly 20% as coronavirus forced the company to close or reduce hours at 90% of its stores.

Tags: loss moves outlook cuts

 

Covid-19 sees Tapestry cut 2,100 part-time roles

2020-04-21 13:53:00| Daily apparel & textile news and comment - from just-style.com

Coach,�Kate Spade�New York, and Stuart Weitzman brand owner�Tapestry�Inc�is cutting jobs and taking steps to minimise costs as it moves to strengthen itself financially amid the deepening global impact of the Covid-19 pandemic.

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Tapestry outlines steps to navigate financial hit of Covid-19

2020-03-26 13:48:00| Daily apparel & textile news and comment - from just-style.com

Coach-owner Tapestry Inc is taking a series of steps to preserve cash and maintain ample liquidity as the coronavirus outbreak continues to impact its global operation.

Tags: hit financial steps navigate

 

Zeitlin to lead Tapestry for next three years

2020-03-10 14:41:00| Daily apparel & textile news and comment - from just-style.com

Tapestry chairman and CEO Jide Zeitlin�will continue to lead the accessories business for the next three years as it defines and implements its multi-year growth agenda.

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Tapestry revises FY guidance on coronavirus impact, shakes up brand leadership

2020-02-06 14:12:00| Daily apparel & textile news and comment - from just-style.com

Accessories business Tapestry says its second-half�results could be negatively impacted by up to US$250m in sales amid the outbreak of the coronavirus in China which has seen the group close�the majority of its stores on the Mainland.

Tags: brand impact leadership guidance

 

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