Tapestry Archives - Inside Retail Asia
Chinese brand ambassadors of fashion labels from Coach to Givenchy have severed ties with the companies over products which they said violated China’s sovereignty by identifying Hong Kong and Taiwan as countries.
Tapestry, the parent of Coach, Kate Spade and Stuart Weitzman, plans to open about 100 stores in Asia this year, most of them in China.
Growing engagement with millennials and reduced discounting has boosted profit for New York-based fashion group Tapestry.
Tapestry growth continues to be boosted by the inclusion of Kate Spade data, masking the company’s true performance.
Tapestry has taken back direct control of its Kate Spade China operations.
Supermodel Gigi Hadid has partnered with Stuart Weitzman on two exclusive footwear styles for launch this fall.
First quarter sales for Tapestry – the company previously known as Coach – were less than flattering.