We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.

The global fashion business journal

Apr 2, 20204:46pm

Coach’s owner strengths China market and bets again for Tmall

The American company has allied twice with the ecommerce giant, in 2011 and 2016, even though it abandoned the platform due to imitation disagreements.

Jul 31, 2019 — 4:13pm

Coach’s owner strengths China market and bets again for Tmall



Tapestry goes for strike number three. The American group, owner of brands like Coach, Stuart Weitzman and Kate Spade, plans to solidify its Chinese market next September with Tmall, owned by Alibaba.  


The group was already present in the ecommerce platform in two occasions, in 2011 and in 2016, but it left after a disagreement over a counterfeit crackdown arrangement. 


“We are expanding globally with the focus on the Chinese consumer” CEO of the company, Victor Luis stated. The executive also pointed that China is one of the regions with the best performance.


Tapestry closed the first months of its fiscal with a net benefit of 494.4 million dollars, compared to the 185.2 million dollars in the same period last year.


 Sales of the group arrived at 4.5 billion dollars in Q3, with a rise of 2.6% compared to the same period last year. 

Participation rules



Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment