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Tapestry CEO Blames Traffic Challenges for Kate Spade’s Q4 Troubles

The North American selling environment has not been kind to Tapestry Inc.’s fourth quarter, as sales at Coach, its core brand, were flat in the quarter and comparable store sales at Kate Spade were down 6 percent. In a Nutshell: During the conference call with Wall Street analysts Thursday, Tapestry chief executive officer Victor Luis…

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