Tapestry Partners With Black in Fashion Council
18 Febrero 2021 - 6:22AM
Business Wire
Signs Active Allyship Pledge to Work with
BIFC to Demonstrate Commitment to the Equality and Inclusion of
Black People
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of
modern luxury accessories and lifestyle brands, today announced its
participation in the Black in Fashion Council Active Allyship
Pledge. Members of the Active Allyship program commit to joining
together to secure the advancement of Black individuals in the
fashion and beauty industry.
“We are proud to partner with the Black in Fashion Council and
join them in their mission to ensure that Black individuals are
represented and amplified in our industry,” said Joanne
Crevoiserat, Chief Executive Officer of Tapestry, Inc. “We have
committed to expanding diversity in our Tapestry and brand
leadership teams. Working with the Council will help us to build
upon the progress that we have made in achieving these goals.”
“As we now have over 100 brands signed on to work with the Black
in Fashion Council, we couldn’t be more thrilled to be working with
Tapestry brands on creating long-term change in the fashion
industry,” said Sandrine Charles and Lindsay Peoples-Wagner,
Co-Founders, Black in Fashion Council. “There is still so much work
to be done, and it’s exciting to see influential houses like
Tapestry commit to making our industry more inclusive.”
Over the course of the next three years, Tapestry will work with
BIFC Executive board members, who will provide feedback, insight
and counsel.
In celebration of Black History month and the announcement of
this partnership, Tapestry will host a special edition of the
Company’s discussion series called “Unscripted,” featuring BIFC
co-founders Wagner and Charles. The discussion will center on
diversity in fashion today and the actions that can create a more
equitable, inclusive and diverse culture.
Additionally, Tapestry is proud to announce several exciting
launches in honor of Black History Month. Tapestry’s employee
resource group, the Black Alliance, has launched a new partnership
with seven Historically Black Colleges and Universities (HBCUs) to
host Talent and Sourcing Fairs beginning this month. Earlier this
week, Coach announced the launch of the “Coach Dream It Real
Scholarship Program” through the Coach Foundation created in
partnership with the Thurgood Marshall College Fund to support
students attending HBCUs. kate spade new york continues to work on
fulfilling the commitment made in June 2020 to directly support the
mental health and wellbeing of women and girls of color in the New
York City area. The kate spade new york foundation is providing
grants to organizations including The Lower Eastside Girls Club,
The National Counsel for Behavioral Health, The Grace Institute and
The Moth.
Dedicated to fostering a diverse and inclusive environment for
employees, customers and the greater community, Tapestry is proud
to be a member of the CEO Action for Diversity & Inclusion, and
has been listed on the Forbes “Best Employers for Diversity” list
for four consecutive years. Last month, the Company was named a
“Best Place to Work for LGBTQ Equality” for the seventh consecutive
year in the Human Rights Campaign’s 2021 Corporate Equality Index.
The Company also has a thriving Inclusion Council that helps ensure
that diverse perspectives are included in business decisions, and
this past year has launched three employee resource groups, which
are dedicated to celebrating Black, LGBTQ+ and working-parent
employees and allies and building an even more inclusive community
across Tapestry and its three brands.
To learn more about the Black in Fashion Council, visit
https://www.blackinfashioncouncil.com/.
Tapestry, Inc. is a New York-based house of modern luxury
lifestyle brands. The Company’s portfolio includes Coach, Kate
Spade and Stuart Weitzman. Our Company and our brands are founded
upon a creative and consumer-led view of luxury that stands for
inclusivity and approachability. 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. To learn more
about Tapestry, please visit www.tapestry.com. The Company’s common
stock is traded on the New York Stock Exchange under the symbol
TPR.
This information to be made available in this press release may
contain forward-looking statements based on management's current
expectations. Forward-looking statements include, but are not
limited to, statements that can be identified by the use of
forward-looking terminology such as "may," "will," “can,” "should,"
"expect," "intend," "estimate," "continue," “strive “drive,”
“targeting,” “assume,” “plan,” “progress,” “optimistic,” “future,”
“look forward to,” “looking ahead,” or comparable terms. Future
results may differ materially from management's current
expectations, based upon a number of important factors, including
risks and uncertainties such as the impact of the Covid-19
pandemic, the ability to control costs and successfully execute our
growth strategies, expected economic trends, the ability to
anticipate consumer preferences, risks associated with operating in
international markets and our global sourcing activities, our
ability to achieve intended benefits, cost savings and synergies
from acquisitions, the risk of cybersecurity threats and privacy or
data security breaches, the impact of pending and potential future
legal proceedings, and the impact of legislation, etc. Please refer
to the Company’s latest Annual Report on Form 10-K, quarterly
report on 10-Q and its other filings with the Securities and
Exchange Commission for a complete list of risks and important
factors. The Company assumes no obligation to revise or update any
such forward-looking statements for any reason, except as required
by law.
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Tapestry, Inc. Analysts & Media: Andrea Shaw Resnick Interim
Chief Financial Officer Global Head of Investor Relations and
Corporate Communications 212/629-2618 Christina Colone Vice
President, Investor Relations 212/946-7252
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