Tapestry to re-open stores after a near 20% drop in quarterly sales - Retail Gazette

The Coach owner Tapestry has announced that it will open 40 of its stores in North America after the coronavirus pandemic hammered its business.Tapestry’s net sales fell 19.4% to $1.07 billion in the third quarter ended March 28.

Tapestry to re-open stores after a near 20% drop in quarterly sales

The Coach owner Tapestry will open 40 of its stores across North America after quarterly sales drop 19.4% amid Covid-19.