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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.

Tags: cut roles sees tapestry

 
 

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.

Tags: years three lead tapestry

 

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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