We know mental health is important to our teams around the world – it’s important to Tapestry too. We are dedicated to creating a workplace where everyone feels energized and can reach their full potential, and supporting our people’s well-being is a key part of that.

Our benefits and resources, including free counseling, wellness days, flexible schedules, mindfulness content, and Mental Health First Aid Certification are designed to help our people make mental health a priority by making it easier for them to care for their mental health and that of their loved ones.

“I’ve attended meditation sessions for over six years. They’re an amazing resource especially on the days where you need that 15-minute reset. Tapestry provides so many resources for employees to tap into to take care of our mental health- that’s why it’s such a great place to work.” – Liz Bohl, Senior Manager

This recognition is testament to the collective efforts of our global team in fostering a caring and supportive workplace that prioritizes mental health. Thank you to everyone who makes Tapestry a great place to work!

“We believe investing in our communities, people and sustainability initiatives drives innovation and long-term success and resilience for Tapestry and our portfolio of brands,” said Joanne Crevoiserat, Chief Executive Officer of Tapestry, Inc. “I am incredibly proud of the milestones our teams achieved in the last year, and we continue to see opportunities ahead.” 

In FY2024, the Company: 

• Leveraged innovation to be a more responsible and sustainable company. In FY2024, Tapestry’s Scope 1 and 2 GHG emissions were reduced by 84% compared to our FY2021 baseline. This marks the achievement of our Scope 1 and 2 science-based targets, primarily driven by the company’s investment in renewable energy in its own operations.

• Brought to market more responsible products and materials innovation, consistent with its vision. In FY24, Coach reissued its iconic Soho Bag, featuring a version created with repurposed denim, a material that has up to an 80% reduction in GHG emissions and up to 95% less water consumption compared to conventional first-use denim. 

• Sustained its history of investing in communities where the company and its employees work and live. Employees worldwide volunteered over 65,000 hours, bringing Tapestry closer to its target of 500,000 volunteer hours by 2030.   

• Continued to increase focus on its people and culture. In FY24, the company received over 10 international awards from Forbes, Fortune, TIME, USA Today, Newsweek and others for being a top employer.  

The FY2024 CR report detailing Tapestry’s comprehensive corporate responsibility strategy and recent achievements can be found at Tapestry.com. 

Our brands are supported by innovative marketing, and it’s Sandeep’s ability to create campaigns that resonate with the next generation of consumers – Gen Z – that earned him a spot on this year’s CMO 50, a list that celebrates the top marketers in the industry.

Kudos to Sandeep on this well-deserved recognition. 

Read more: https://www.campaignlive.com/article/cmo-50-2024-sandeep-seth/1889152

The new space offers a warm and modern home to Kate Spade and brings the brand to life. Elements like Kate Spade Pantone green, red and pink stripes, and unexpected polka dots spark joy.  The open layout and use of glass and common spaces, such as a coffee bar designed like a living room, showcase the breadth of the lifestyle brand and invites collaboration and community.  Campaign photography and visuals from the brand’s 30 years are displayed throughout the floors to celebrate its history and document its journey. 

Alex Landires, Sr. Director, Brand Events & Experience, Kate Spade, led the interior design of the Kate Spade space, sharing, “When the team and I started putting the vision for our new office together, we wanted to make sure we created a safe space that represented our brand codes, brought our community together and most importantly created joy.” 

We took Kate Spade’s move to Hudson Yards as an opportunity to rethink our office in the new hybrid world as a place that fuels collaboration and innovation and strengthens our culture. We created over 70 new work areas throughout the office, including phone booths and focus rooms for quiet, individual work, as well as dedicated areas for collaboration with supporting tools and technology. 

We’re excited by this next chapter for our Hudson Yards office and are excited to see how our teams innovate and stretch what’s possible together in our new spaces! 

Of course, this accolade is a testament to the efforts and visionary thinking of our teams across Tapestry and our brands, who continue to stretch what’s possible every day. 

To assemble the list, TIME solicited nominations across sectors, and polled its global network of contributors and correspondents, as well as outside experts. Then TIME editors evaluated each on key factors, including impact, innovation, ambition, and success. The result is a diverse group of 100 businesses helping chart an essential path forward. 

See the full list here: time.com/100companies 

Tapestry is committed to driving change on pressing global social issues through strategic investment.  

We use our collective strengths to help make the fashion industry more sustainable and to build a company that’s equitable, inclusive and diverse.  

Our approach to social impact is to invest where we believe our brands and people can create the most impact, in line with the brand’s distinct purposes. We champion causes that are important to Tapestry, our people and our values.   

Tapestry’s 19 Bold Goals set targets across key areas that we would achieve by 2025. To date, the “community” pillar, we have met two of our three original goals: 

• 100,000 volunteer hours completed by 2025. This was achieved in 2021. Our new goal is 500,000 volunteer service hours completed by our employees around the world by FY2030. 
• $75 million in financial and product donations to nonprofit organizations globally by FY2025. 

Coach, kate spade new york, and Stuart Weitzman are also making change with their respective programs. 

Since the launch of Dream it Real in 2018, the Coach Foundation has reached over 170,000 young people; funded 5,279 scholarships funded, paired 250 college students with Tapestry employee mentors and has eight active Dream It Real programs globally, including China, Japan and North America. Dream It Real programs offer scholarship, mentorship, belonging and wrap-around support and partnership to help young people gain access to post-secondary education. 

“Volunteering through the Coach Cares program has been transformational,” says Megan Christiansen, a Coach store manager in Southern California. “Not only has the program strengthened connection within each other, our communities and organizations, but it’s also illuminated the power we hold both individually and collectively to shape a brighter tomorrow.” 

kate spade new york’s women’s empowerment and mental health journey started in 2013 in Rwanda with its On Purpose initiative. The company set out to use their supply chain to empower women and encourage sustainable practices in their community. Through their business partner Abahizi CBC a B-corporation certified and employee-owned business located in Masoro, Rwanda, over 250 women have full-time employment, 95% of the workforce has attended empowerment and mental health training, and 90% of women feeling they can make a decision regarding family planning by themselves or jointly with their partner.   

Divya Kaushal, an area leader with kate spade new york says, “Social impact is important as it empowers us to be powerful, progressive and sensitive leaders by embracing everyone’s true potential and authenticity.” 

Stuart Weitzman continued its partnership with Vital Voices through a bespoke program called Bold Movers: Investing in Women Working Toward Gender Equity. This new, seven-week leadership training and mentoring program is dedicated to investing in women advancing inclusive workplace initiatives, specifically to address challenges for working mothers and caregivers. Participants will be eligible to receive a grant to help further their missions. 

Morgan LaBar, associate manager at Stuart Weitzman, said, “Celebrating International Women’s Day in our office with the Vital Voices Bold Movers cohort was one of the most meaningful and memorable days I’ve had at Stuart Weitzman. It was incredible to meet a group of women all making a difference in their communities and knowing that our brand supports them in doing this made me proud to work here!” 

Tapestry is honored to be recognized for our efforts to stretch what’s possible for our communities.   

Today, we are proud to announce that the Science Based Targets initiative (SBTi) has validated Tapestry’s near- and long-term greenhouse gas (GHG) emissions reductions targets.

The SBTi is an international organization that helps businesses set emissions reductions goals that follow the latest climate science. Validation by the SBTi confirms that our targets are in line with what is needed to meet the urgent need to keep global warming to 1.5⁰C.

As a result, we are proud to share Tapestry’s science-based targets:

• Reduce absolute Scope 1 and 2 GHG emissions 64% by FY2030 from a FY2021 baseline.
• Reduce absolute Scope 3 Industry GHG emissions 42% by FY2030 from a FY2021 baseline.
• Reduce absolute Scope 3 Forest, Land and Agriculture (FLAG) GHG emissions 30% by FY2030 from a FY2021 baseline.
• Achieve net-zero GHG emissions across the value chain by 2050.

SBTi’s FLAG guidance acknowledges that to meet the goals of the Paris Agreement, the legally binding international treaty on climate change adopted in Paris in 2015, companies in the FLAG sector require specific mitigation measures. Over half of the materials sourced at Tapestry come from land-related materials, such as leather. We know that climate and nature are intertwined, so we have set specific targets according to SBTi’s FLAG guidance. Tapestry is one of the first companies in the fashion industry to have validated FLAG emissions reductions targets.

Receiving validation of these targets follows Tapestry’s commitment in 2021 to the SBTi’s Business Ambition for 1.5⁰C, a campaign consisting of over 1,000 companies that represents over $23 trillion in market capitalization.

Tapestry’s corporate responsibility strategy, The Fabric of Change, is our ambition to make every beautiful choice a responsible choice, built upon our four pillars: Power of Our People, Sustain the Planet, Create Products with Care, and Uplift our Communities. The two pillars dedicated to our planet and product outline Tapestry’s strategy to achieve these climate goals. For more information, check out our most recent Annual Corporate Responsibility Report.

Joanne joined Tapestry in 2019 as Chief Financial Officer and was appointed to Chief Executive Officer in 2020. She is also a member of Tapestry’s Board of Directors. Under Joanne’s leadership, Tapestry and its brands are moving at the speed of the consumer – delivering innovative, high-quality products and experiences and striving to build a future that is both beautiful and responsible. Recently, Tapestry announced an agreement to acquire Capri Holdings Limited (NYSE: CPRI), establishing an even more powerful global house of iconic fashion luxury brands. 

In addition to her leadership roles at Tapestry, Joanne also serves on the board of General Motors Co. and the board of the Partnership for New York City, and is a member of The Fashion Pact’s Steering Committee.

The full list and related tributes appear in the April 29, 2024  issue of TIME, available on newsstands on Friday, April 19, and now at time.com/time100. 

For over 30 years, the Coach (Re)Loved & Repair Workshop operated as our hub for Coach Repair services in North America. In 2021 we launched Coach (Re)Loved, and have since transformed the facility into its headquarters, bringing together specialized craftspeople, designers and sustainability professionals to accelerate Coach’s transition toward a circular economy. The Coach (Re)Loved program includes four key segments – Coach Upcrafted, Coach Remade, Coach Restored and Coach Vintage – that give pre-loved and damaged Coach products a second life. We also have our Coach (Re)Loved Exchange program to enable consumers to trade in eligible pre-loved Coach items for credit so that the cycle can continue for generations more. Since its inception, Coach (Re)Loved has given more than 45,000 products a second life through our four pillars: Upcrafted, Remade, Restored, and Vintage.  

TRUE Zero Waste Certification, managed by the US Green Building Council, encourages facilities to rethink their whole systems approach, by transforming the way materials flow through our operations and as a result lead to zero waste. The Coach (Re)Loved & Repair Workshop in its nature works to maximize the life of our products and minimize waste wherever possible. As a part of the certification process, we partnered with the sustainability team at Recycle Track Systems (RTS) and established some programs and initiatives at our Workshop, including but not limited to:

• Engaged our Workshop employees by establishing a Zero Waste Leaders working group, consisting of 14 employees that are charged with implementing and maintaining our zero waste culture.
• Diverted over 5 tons of workshop waste and damaged product from landfill through our partnership with ReCircled, which converts these materials into new raw materials.
• Updated our pantry, by providing reusable utensils and plates to discourage single-use plastics, and added new waste diversion methods for employee waste, such as composting and K-Cup recycling.
• Invested in a design plotter technology that allowed us to minimize leather waste, drive efficiency and reduce waste significantly.
• We’ve continued our annual waste audits and monthly diversion reporting through our partnership with RTS.

Through designing out single-use and pursuing extended life materials, the Coach (Re)Loved & Repair Workshop has achieved over 95% landfill diversion rate. The TRUE Zero Waste Certification further validates the work we have been doing to advance the circular economy through Coach (Re)Loved.

Tapestry is working toward achieving zero waste at our North America corporate sites, which include our offices and fulfillment centers. We are proud of our achievement at the Coach (Re)Loved & Repair Workshop, and, as a next step, we plan to take these learnings and pursue TRUE Zero Waste Certification at our two fulfillment centers in Jacksonville and Las Vegas.

This case study provides an in-depth look at how we’re creating more meaningful customer connections through data. Key takeaways include: 
Start with the problem consumers need solved – not the data. 
Utilizing data should be built into the way teams work.  
Data doesn’t live in a vacuum; it continuously needs to be reviewed and tested to unearth what works best for the company’s audience.

Read the case study in full: https://www.businessoffashion.com/case-studies/technology/data-customer-shopping-connection-guide-ai-tapestry-coach-kate-spade-stuart-weitzman/