"While we greatly admire Giovanni’s creative talents, Tapestry is committed to an environment where every individual feels respected and at times his behavior fell short of these standards. Looking ahead, we have the utmost confidence in the talented Stuart Weitzman design team under the direction of CEO and Brand President Eraldo Poletto, who has a proven track record of developing iconic brands and successfully building global teams”, stated Victor Luis, Chief Executive Officer of Tapestry, Inc.

Tapestry’s portfolio includes Coach, Kate Spade and Stuart Weitzman. Each of our brands are unique and independent, while sharing a commitment to innovation and authenticity defined by distinctive products and differentiated customer experiences across channels and geographies.