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📣 Just launched! Our FY25 Corporate Responsibility Report, The Fabric of Change, is now live at tapestry.com/responsibility. Each year, we’re proud to share Tapestry’s efforts in achieving our planet, product, communities and people goals. This year, we achieved many of our 2025 goals, including: ➡️ Powering our stores, offices, and fulfillment centers with 100% renewable electricity ➡️ Reducing Scope 1 & 2 GHG emissions by 81% since FY2022 ➡️ Mapping 96% of the raw materials back to at least Tier 3 ➡️ Joining the Deforestation-Free Leather Fund, with a $250,000 multi-year commitment ➡️ Contributing 53,000+ employee volunteer hours globally, bringing our cumulative total to 303,000, toward our 2030 goal of 500,000 We’re grateful to our teams and partners who power this work. Together, we’re building a better-made future.
We’re proud to announce our deepened partnership with Gen Phoenix, a leading sustainable recycled leather fiber material manufacturer at scale. Through a new multi-year supply agreement and increased investment, we’ve also increased our equity stake in Gen Phoenix to 9.9%. Together, we can keep creating products that consumers love using next-generation materials at unprecedented scale and consistency. Read more in our Newsroom (https://www.tapestry.com/sustainability/tapestry-expands-strategic-partnership-with-gen-phoenix/) or in Gen Phoenix’s full press release (https://www.prnewswire.com/news-releases/gen-phoenix-secures-15m-investment-round-as-tapestry-expands-strategic-partnership-with-supply-agreement-302505015.html).
Today, Tapestry proudly releases our FY2024 Corporate Responsibility Report, “The Fabric of Change.” In it, we share our work, commitments, and goals across four key areas: products, planet, communities and people. Read the entire report at tapestry.com/responsibility
Recently, we launched our EMEAI Prouder Together Employee Business Resource Group, one of our employee volunteer led organisations that are essential to cultivating a culture of inclusion and belonging at Tapestry. During Pride Month, our Tapestry team members across Europe marched for the first time in Rome and for the second year in London. The energy from both those marching and allies who lined the street was incredible, and we were so proud to show everyone that at Tapestry we can be our authentic selves and be Prouder Together.
kate spade new york opened its first stand-alone jewellery store! Located in London’s Paddington Square Shopping Centre, the concept shop – set against a backdrop of iconic kate spade green – offers a wide assortment of fine jewellery, statement pieces, and everyday essentials. Congratulations to the kate spade new york team on this major milestone!
Tapestry’s Prouder Together EMEAI Employee Business Resource Group (EBRG) kicked off Pride Month with Drag Countdown in our London office, a fun and interactive event to bring our teams together. Our Prouder Together EBRG aims to build an inclusive space for LGBTQIA+ and ally community, allowing us to bring our whole selves to work, encourage and celebrate diversity, and live our values each day. Next stop, Rome & London Pride marches! #Pride2024
📢 Big announcement! For the first time, Tapestry has been named to TIME’s 100 Most Influential Companies list, which highlights companies making an extraordinary impact around the world. From Tapestry CEO, Joanne Crevoiserat: “From creating exceptional products and experiences, to shaping a better-made future through our sustainability and social impact work, to cultivating a culture of innovation within our organization, our brands and teams are constantly raising the bar. I am incredibly proud of our teams across Tapestry, Coach, Kate Spade and Stuart Weitzman, and we’re just getting started.”
We are thrilled to share that Tapestry has earned the Great Place to Work Certification™ in the UK for 2024! At Tapestry, being true to yourself is core to who we are. Around the world, we strive to build a company culture where voices are valued, ambitions are supported, and work is recognized. Thank you to all of our UK employees who helped make this possible!
Our CEO, Joanne Crevoiserat, has been recognized by TIME as one of the most influential people of 2024! The 2024 TIME100 list recognizes the impact, innovation and achievement of the world’s 100 most influential individuals. This recognition is a testament to Joanne’s leadership and her ability to stretch what’s possible for our people, our brands, and the fashion industry at large. Congratulations to Joanne on this well-deserved honor!
Congratulations to our CEO, Joanne Crevoiserat, for being named to the Glossy 50 2023! This list celebrates the 50 individuals who shaped the fashion and beauty landscape this year. Named among Glossy’s ‘Dealmakers,’ Joanne shares insight into the moves Tapestry has made throughout 2023, and what’s next for our house of brands. Read more at the link.
