Victor Luis Says Tapestry’s International Expansion Is in Full Swing

NEW YORK — Victor Luis made the case for continued growth at Tapestry Inc. during the Bernstein Strategic Decisions Conference. Luis, chief executive officer of Tapestry, parent company of Coach, Kate Spade and Stuart Weitzman, met with investors on Thursday to talk about the company’s “limitless” opportunities. “Especially when we think about global growth,” the ceo said, which he added will be driven by comps and distribution. “The single most important asset we have is ensuring the health of our brands from a long-term perspective,” Luis said. “That comes down to controlling distribution, controlling and managing pricing as much as possible, putting the right marketing in place and making sure we remain a culturally relevant part of the conversation, which is absolutely key when you’re in fashion.”   While Wall Street has been reluctant to get on board — Tapestry’s shares are down 17.5 percent year-to-date during a tough period for retail and fashion stocks in general — the company improved on top-line sales during its most recent quarter, sending shares surging, at least for the day. Luis said upgrading the assortment — especially at Kate Spade under the helm of newish creative director Nicola Glass, who unveiled her inaugural collection with

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