Tapestry reopens stores in Europe and North America

Worldwide
Published:  15 May, 2020
Credit: Stuart Weitzman

The New York headquartered fashion group said it is taking a phased market-by-market approach, and has begun the store reopening process in North America, Europe and additional markets in Asia in accordance with governmental guidelines.

Tapestry expects to have over 300 Coach, Kate Spade and Stuart Weitzman stores in North America offering curbside or store pickup service by mid-May. In addition, approximately 20 stores in Europe, 35 stores across Japan, 35 stores in Malaysia and nearly 30 stores in Australia will be open to customers, while adhering to social distancing and density practices and on modified operating hours. The Group said the approach to store operations is tailored by market, with stores offering a combination of in-store shopping, curbside and storefront pickup, with varying hours, as conditions allow. “This phased reopening approach builds upon successful strategies developed in China and South Korea, where all stores have reopened, demand continues to improve and select markets have begun to return to growth”, said the Group.

Net sales for the fashion Group, which owns the Coach, Kate Spade and Stuart Weitzman brands, fell 19.4% to US$1.07 billion in its third fiscal quarter ended March 28, 2020. Read more here.