Tapestry, the handbag company that combined the Coach and Kate Spade brands, ousted its chief executive a little over two years after a merger that was supposed to create a U.S. fashion powerhouse
The handbag company that combined the Coach and Kate Spade brands ousted its chief executive a little over two years after a merger that was supposed to create a U.S. fashion powerhouse.
Tapestry Inc. said Victor Luis, who has been CEO for five years, is leaving immediately and will be succeeded by board Chairman Jide Zeitlin. Mr. Zeitlin is a former Goldman Sachs executive who has been on the board since 2006.
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