logo
Plus   Neg
Share
Email

Tapestry To Grow Brands In China With Retail Partnership With Alibaba's Tmall

Tapestry, Inc. (TPR) announced a new step in the company's ChinaNext digital innovation agenda with the strategic partnership with Alibaba's Tmall, a B2C ecommerce platform. Tapestry will feature in the Flagship Store 2.0 of Tmall, beginning later this month. Also, the Coach, Kate Spade and Stuart Weitzman brands will have flagship stores on Tmall Luxury Pavilion.

Jide Zeitlin, CEO of Tapestry, said, "Tmall is at the forefront of the fast-paced digital eco-system in China. We look forward to growing our brands in China with this important new retail partnership, and are excited to launch our brand flagships on Tmall's newest platform."

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Walt Disney Co. plans to lay off 28,000 theme park employees in U.S., as the coronavirus pandemic continues to affect its businesses. The layoff will affect about 67 percent of part-time employees. JPMorgan Chase & Co (JPM) agreed to pay a total of $920 million in penalty to settle U.S. investigations into the company's alleged manipulation of metal and treasuries markets. Elon Musk, the founder and CEO of Space Exploration Technologies, or SpaceX, said the aerospace company is planning to list its space internet venture, Starlink, after many years when revenue growth is smooth and predictable. In a tweet, Musk said, "We will probably IPO Starlink, but only several years in the future when revenue growth is smooth & predictable. Public market does *not* like erratic
Follow RTT