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Tapestry takes control of licences after return to growth

07/02/2018
Tapestry takes control of licences after return to growth

Tapestry, the parent group of Coach, Stuart Weitzman and Kate Spade, has said second-quarter sales exceeded expectations as Coach returned to growth and revenues at Weitzman continued to increase. After its purchase of Kate Spade last July, it has taken control of the brand's joint ventures for Mainland China, Hong Kong, Macau and Taiwan.  It...

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