Famed American leather goods brand Coach has said it will stop burning damaged and unsalable merchandise after a TikTok video of them slashing handbags went viral, the Business of Fashion reports. The video, broadcast by environmental activist Anna Saks, otherwise known as @thetrashwalker, showed the influencer displaying Coach items she...
12 Oct 2021
Luxury fashion house Coach has unveiled its collaboration with American clothing manufacturer Schott NYC, with the duo releasing a shearling outerwear collection as part of the house’s autumn 2021 line. Bringing together two American heritage labels, the collection sees the merging of each brands’ distinct expertise in leather craftsmanship....
30 Sep 2021
Coach celebrates the legacy of the Rogue, as it announces the iconic bags return in a campaign for its upcoming autumn collection. Featuring a host of celebrity Coach ambassadors and shot by legendary photographer Jeurgen Teller, the campaign takes place in famous locations around the world, including London Bridge and the Bund in Shanghai....
26 Aug 2021
Capri Holdings has announced that Joshua Schulman is the new CEO of Michael Kors, effective immediately, and will take on the role of group CEO from September 2022. Schulman joins the luxury fashion group from Tapestry, where he was president and CEO of the Coach brand from 2017 to 2020. Prior to that, he spent five years at Neiman Marcus Group,...
24 Aug 2021
Fourth quarter net sales at Tapestry totaled 1.62 billion dollars, representing a 126 percent increase. On a 13-week basis, the company’s net sales increased 113 percent versus prior year and rose 1 percent as compared to pre-pandemic levels. The company said, net income for the quarter was 200 million dollars on a reported basis, with earnings...
19 Aug 2021
To round out its Dream It Real week, Coach will be hosting its sixth episode of Coach Conversations. The YouTube series, launched in January, is an ongoing collection of conversations with Coach ambassadors and celebrities aimed to inform and inspire viewers. The global fashion house created the series to honour special events throughout the...
12 Aug 2021
Though summer isn’t quite over yet, brands have already released their Pre-Fall 2021 and Autumn-Winter 2021-2022 campaigns both online and in print. Whether we’re looking at the clothes, footwear or the settings themselves, there’s a constant in the campaigns for the season ahead: a much-needed post-pandemic joy and a return to endless...
5 Aug 2021
June is the month of Pride and some brands are doing more than lip service and making inclusivity a priority. For the past several years, a plethora of brands from high street to sportswear to luxury, have unveiled collections and collaborations that directly benefit the LGBTQIA+ community, either through awareness or donating to relevant...
3 Jun 2021
Net sales at Tapestry Inc. totalled 1.27 billion dollars for the third quarter compared to 1.07 billion dollars in the prior year, representing a 19 percent increase. Commenting on the third quarter results, Joanne Crevoiserat, chief executive officer of Tapestry, said: “Through a sharpened focus on the consumer, we fueled new customer...
6 May 2021
Tapestry, Inc. has announced the appointment of Scott A. Roe, as chief financial officer, effective June 1, 2021. Roe, the company said, will have responsibility for all finance functions as well as leading the company’s strategy and consumer Insights teams. “As a leader, Scott is both dynamic and progressive, and believes in soliciting diverse...
29 Apr 2021
New York-based luxury fashion group Tapestry has named Todd Kahn as the new permanent CEO and president of Coach. Kahn joined the company as senior vice president, general counsel and secretary in January 2008 and has held a number of leadership roles within the organization since then. He has been interim CEO and brand president of Coach since...
15 Apr 2021
Coach parent Tapestry Net sales at Tapestry Inc. totalled 1.69 billion dollars for the second quarter compared to 1.82 billion dollars in the prior year, representing a 7 percent decline. Net income for the quarter was 311 million dollars on a reported basis, with earnings per diluted share of 1.11 dollars. This compared to net income of 299...
4 Feb 2021
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