Stuart Weitzman returns to growth
16/08/2019
Its biggest brand, handbag company Coach, reported a 2% rise in sales to $4.27 billion. Kate Spade sales reached $1.37 billion, and footwear brand Stuart Weitzman revenues hit $389 million, an increase of 4%.
Tapestry CEO Victor Luis said: “We made important advancements at Stuart Weitzman, across people, processes and product to address the challenges in the business, driving a return to topline growth in Fiscal 2019.
"We’ve also successfully expanded the brand internationally through regional distributor acquisitions and new store openings, with a focus on China, where we are just beginning to tap into this tremendous growth opportunity for the brand.”
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