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MarketScreener Homepage  >  Equities  >  Nyse  >  Tapestry, Inc.    TPR

TAPESTRY, INC.

(TPR)
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Coach parent names interim CEO Crevoiserat to top job

10/27/2020 | 05:58am EST

Oct 27 (Reuters) - Coach handbag maker Tapestry Inc said on Tuesday its interim Chief Executive Officer Joanne Crevoiserat would permanently transition to the top job.

She was the chief financial officer until July and replaced CEO Jide Zeitlin who stepped down amid an investigation into his personal behavior.

Crevoiserat, a former executive at Abercrombie & Fitch Co and Kohl's Corp, is the first woman to lead the company since it went public in 2000 under the Coach Inc guise.

She takes over at a time when the luxury goods industry is facing weak demand due to the COVID-19 pandemic. Tapestry is expected to report its first-quarter financial results later this week.

The company said Crevoiserat is expected to be appointed to Tapestry's board.

(Reporting by Uday Sampath in Bengaluru; Editing by Shinjini Ganguli and Arun Koyyur)


© Reuters 2020
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More news
Financials (USD)
Sales 2021 5 290 M - -
Net income 2021 697 M - -
Net Debt 2021 396 M - -
P/E ratio 2021 11,7x
Yield 2021 0,48%
Capitalization 8 045 M 8 045 M -
EV / Sales 2021 1,60x
EV / Sales 2022 1,47x
Nbr of Employees 14 850
Free-Float 99,8%
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Technical analysis trends TAPESTRY, INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 28,61 $
Last Close Price 29,00 $
Spread / Highest target 29,3%
Spread / Average Target -1,34%
Spread / Lowest Target -27,6%
EPS Revisions
Managers
NameTitle
Joanne C. Crevoiserat Chief Executive Officer & Director
Leonard Todd Kahn President & Chief Administrative Officer
Susan J. Kropf Chairman
Thomas A. Glaser Chief Operating Officer
Andrea Shaw Resnick Chief Financial Officer & Head-Communications
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