Retail

Coach owner Tapestry sees people gearing up for weddings, office work

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Coach Signature handbag

Source: Coach

Coach and Kate Spade owner Tapestry is seeing signs that consumers are returning to celebrating love, gathering with friends and going back into offices.

“We are starting to see where people have put off weddings for over a year — some of those life events — people are coming out and engaging in the real world again,” Chief Executive Joanne Crevoiserat said in an interview Thursday.

Tapestry, which also owns Stuart Weitzman, is quickly restocking merchandise in the bridal category, Crevoiserat noted. More shoppers are scouting for dressier heels and clutch bags to take to events such as weddings and showers.

“But it’s all about balance,” the CEO…



Source cnbc.com

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