Retail News

Kate Spade drags on Tapestry’s earnings

Bloomberg 08/15/2019

Same-store sales at Kate Spade fell six percent in the second quarter despite parent company Tapestry’s earlier forecast that the brand was on its way to turning its business around. Shares of Tapestry, which also owns Coach, fell as much as 17 percent on the news.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!