Tapestry hits leather-sourcing goals
Tapestry, the parent company of Coach and Kate Spade New York, has published its FY2025 Corporate Responsibility report, in which it outlines progress towards its goals and celebrates hitting 2025 targets.
Leather makes up more than half of raw materials used by Tapestry’s brands by weight and is one of the key focus areas in its strategy to reduce impact on the environment.
It surpassed its goal of sourcing 90% of leather from silver and gold-rated Leather Working Group (LWG) tanneries by the end of 2025, reaching 99%.
In October, Tapestry’s vice-president of advanced technological development, David Wright, was elected as chairman to LWG’s executive committee to guide and support strategy setting.
In FY2025, 10% of leather was sourced from farms using regenerative agriculture practices or made with recycled inputs, reaching its 2030 goal five years early. “While this represents meaningful progress, we remain focused on maintaining this goal and driving further innovation in the leather industry,” said the company.
During the year, it nearly quadrupled its initial 2023 investment into Gen Phoenix, a UK-based manufacturer of recycled leather fibre materials, taking its stake to 9.9%.
In 2019, Tapestry committed to achieving 95% mapping and traceability of raw materials by 2025, and it achieved this goal.
Tapestry became the first brand to commit to join the Deforestation-Free Leather Fund, with a $250,000 funding commitment to World Wildlife Fund (WWF). It also worked with consultants to pilot the implementation of a traceability data standard for beef and cattle within Australia.
In FY2026, through funds provided by the Tapestry Foundation, Tapestry will implement data requirements across a group of core tanneries. In parallel, with funding from the Tapestry Foundation, WWF and the Better Food Future (BFF) initiative in support of UN Global Compact (UNGC) Ocean Stewardship Coalition have launched the Global Traceability Framework for Beef & Leather, aiming to scale this approach across beef and leather supply chains for the industry at large.
Read more about Tapestry’s leather strategies and collaborations in World Leather features.
