Tapestry extends stores closures in North America and Europe

Worldwide
Published:  27 March, 2020

The owner of the Coach, Kate Spade and Stuart Weitzman brands said it has extended store closures in North America and Europe for an additional two weeks, until April 10.

Tapestry said it will reassess store closure decisions on a bi-weekly basis, with employees at closed locations will continue to receive pay and benefits over the next four weeks. Across all three brands, nearly all of the Group’s stores in China have re-opened and customers are said to be gradually returning to the stores. Elsewhere in Asia, the majority of its stores are open, but operating on shortened hours.

The Group also announced that, during this crisis, its foundations will match gifts made by Tapestry employees in North America to support qualified charitable COVID-19 causes, up to US$10,000 per employee under Tapestry’s matching gift programme. The Coach Foundation will also make an additional contribution to an organisation crowd-sourced by employees in North America. Tapestry said it will also be donating 15,000 masks to hospitals in the U.S., UK and Spain, with additional masks expected to be delivered in April.

Credit: Coach