Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

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

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

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…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!