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Tapestry says Coronavirus could cost it $250 million

06/02/2020

Luxury group Tapestry, the parent group of Coach, Stuart Weitzman and Kate Spade, has said the outbreak of the Coronavirus in China is already affecting its business there. On announcing its results for the second quarter of its current business year, the period ending December 28, Tapestry said it had achieved revenues of just over $1.8 billion, ...

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