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Tapestry Shuts China Stores, Expects ‘Minimal’ Coronavirus Supply Chain Impact

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

Tapestry Inc. is the latest fashion firm to quantify what it expects the coronavirus outbreak in China might mean for its accessories business, even as the company posted a second-quarter earnings report that bested Wall Street’s estimates. In a Nutshell: The company is expecting a negative impact of between $200 million to $250 million in…

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