Tapestry closes all stores in response to COVID-19 outbreak

Tapestry, Inc. is closing temporarily closing all directly operated Coach, Kate Spade and Stuart Weitzman stores in North America and Europe to help reduce the spread of COVID-19. The company said, stores will be closed through March 27, at which time it will determine the appropriate next steps in light of the environment. The company added that employees at these locations will continue to receive scheduled pay and benefits during this temporary closure period. In addition, across all regions, brands will continue to engage with customers through online stores, which remain fully operational, and social media.