How do you see things - what will happen next?
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- In light of continued efforts to slow the transmission of COVID-19, Tapestry has extended store closures in North America and Europe for an additional two weeks (through April 10th). The Company will reassess store closure decisions on a bi-weekly basis. Employees at closed locations will continue to receive pay and benefits over the next four weeks.
- Across all three brands, nearly all of the Company’s stores in China have re-opened and customers are gradually returning to our stores. Elsewhere in Asia, the majority of our stores are open, but operating on shortened hours.
- Tapestry’s e-commerce platforms and distribution centers remain operational globally, across all major regions. Our brands continue to engage with customers online and through social media.
- Tapestry has implemented enhanced measures to safeguard the health, safety and well-being of team members who are working in its distribution facilities.