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Dec. 23, 2024
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Apparel and accessories

Tapestry Inc. joins other luxury groups with falling sales for FY 2020

August 13, 2020

Stuart Weitzman recorded $286 million in FY 2020 net sales. Image credit: Stuart Weitzman

 

By Luxury Daily News Service

U.S. fashion group Tapestry Inc. nearly achieved $5 billion in net sales for the 2020 fiscal year, even as sales were dramatically impacted in the fiscal fourth quarter due to coronavirus-related store closures.

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  1. Estée Lauder Cos. establishes new fragrance innovation hub in Paris
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  4. Mood of global millionaires in the pandemic-era
  5. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  6. Desirability, operational efficiency key to luxury brand growth: Accenture
  7. The RealReal opens retail location in Houston
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