Experienced Leader Joins Fashion Giant’s Management Team

  • Tapestry hires new COO Thomas A. Glaser from VF Corporation
  • Glaser’s responsibilities include supply chain, IT, product development, and manufacturing resources
  • Glaser has extensive experience in global sourcing and operations
  • CEO Victor Luis welcomes Glaser to the leadership team

Tapestry, the parent company of Kate Spade, Stuart Weitzman, and Coach, has appointed Thomas A. Glaser as its new COO effective July 15, 2019. Glaser will oversee supply chain, IT, product development, manufacturing resources, distribution, logistics, e-commerce fulfillment, and more. He brings extensive experience in global sourcing and operations from his time at VF Corporation. CEO Victor Luis praises Glaser’s strategic focus, team leadership, and operational expertise as key assets for Tapestry’s future growth.

Factuality Level: 10
Factuality Justification: The article provides accurate information about Thomas A. Glaser’s appointment as COO of Tapestry, his previous experience at VF Corporation, and quotes from CEO Victor Luis expressing confidence in Glaser’s abilities. It also includes a statement from Glaser himself about his admiration for the company.
Noise Level: 2
Noise Justification: The article provides relevant information about the appointment of Thomas A. Glaser as COO at Tapestry and highlights his experience and skills. It also includes quotes from both Glaser and CEO Victor Luis. However, it lacks analysis or discussion of long-term trends or possibilities in the fashion industry.
Financial Relevance: Yes
Financial Markets Impacted: Tapestry’s stock price may be impacted by the appointment of a new COO, as it could indicate changes in company strategy or performance.
Financial Rating Justification: The article discusses the appointment of a new COO for Tapestry, a fashion company with well-known brands like Kate Spade and Coach. This change in leadership can potentially affect the company’s operations and financial performance, which may impact its stock price and the broader fashion industry.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: No extreme event mentioned in the text.

Reported publicly: www.retailsector.co.uk