
Investments
1Portfolio Exits
1Funds
1Partners & Customers
8Expert Collections containing Tapestry
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Tapestry in 1 Expert Collection, including Fortune 500 Investor list.
Fortune 500 Investor list
590 items
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Latest Tapestry News
Nov 27, 2023
Tapestry, parent company to brands like Coach, Kate Spade, and Stuart Weitzman, is tapping into robotics-powered automation in a new state-of-the-art fulfillment center in Las Vegas. The company is overhauling supply chain operations, using robots in its material handling process to expedite order fulfillment and reduce manual stress. Joseph Gillespie, senior director of engineering and facilities for Tapestry’s North America fulfillment centers, shared with CGT details about the latest advancements in technology within fulfillment. “We’re leveraging an automated robotics module of 50,000 bins, holding approximately 500,000 units. It entails 75 robots that put the bins within the module and deliver them to the port where workers fill the orders,” said Gillespie. Compared to more traditional processes, such as pick to cart, which is more labor-intensive because of travel, he said, “we can fulfill customers’ orders much more efficiently.” The fulfillment center is expected to add more than 400 full-time jobs by 2029, and the expanded capability will help to better serve West Coast customers. The company stated the North Las Vegas facility will enable Tapestry to sustain multi-brand fulfillment, introducing more efficiencies and sustainable practices as it looks to meet the needs of customers. Tapestry expects the facility to distribute an annual 22.2 million units and hold 4 million units in inventory across both retail and e-commerce and decrease delivery windows from 5-7 days down to 2-3 days. Gillespie said the company is looking at this initiative with growth in mind, as the technology implementation doesn’t lock Tapestry into a particular format — it can flex around future needs. “As we think about our other sites, become pressed for space, and look to optimize, this technology is integral to that. It's a good solution across footwear, hand bags, and accessories,” said Gillespie. “It's a scalable, flexible solution, which could be applied to and benefit other sites within our network. It's very modular,” he added. “You can build what you need and add more later. It allows for flexibility and scalability to support the growth of our business and changes to our product types.” In a statement, Tapestry’s CEO Joanne Crevoiserat said the cutting-edge technology will create new opportunities for team members and strengthen the company’s omni-channel capabilities . Tapestry’s SVP of global fulfillment and logistics Ken Sanders said, “The new North Las Vegas Fulfillment Center is a testament to our continuous growth as a company, and something we couldn’t have done without the ongoing support of our exceptional workforce. Our people have been critical to making this center a reality, and we are excited to continue our collaboration with our local partners and the broader community leveraging this new facility.” Also Read Tapestry is leveraging consumer data through the full value chain and embedding data into the decision making that's happening day-to-day, CEO Joanne Crevoiserat said. “We leveraged new data analytics capabilities to optimize our product allocation processes, such as utilizing artificial intelligence to forecast customer demand, and better position inventory and stores,” Crevoiserat said in a recent earnings call. “This led to an increase of inventory availability and help to ensure our product was in the right place at the right time, as we match supply with demand to help deliver superior customer experiences.” Learn more about value chain innovations at a RIS News' upcoming event: Value Chain Tech . This article also appears on CGT , a sister brand of RIS News.
Tapestry Investments
1 Investments
Tapestry has made 1 investments. Their latest investment was in Gen Phoenix as part of their Series F on March 3, 2023.

Tapestry Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/30/2023 | Series F | Gen Phoenix | $18M | Yes | 3 |
Date | 3/30/2023 |
---|---|
Round | Series F |
Company | Gen Phoenix |
Amount | $18M |
New? | Yes |
Co-Investors | |
Sources | 3 |
Tapestry Portfolio Exits
1 Portfolio Exit
Tapestry has 1 portfolio exit. Their latest portfolio exit was Kate Spade on March 08, 2017.
Tapestry Acquisitions
3 Acquisitions
Tapestry acquired 3 companies. Their latest acquisition was Capri Holdings on August 10, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
8/10/2023 | Acq - Pending | 6 | ||||
7/11/2017 | ||||||
1/6/2015 |
Date | 8/10/2023 | 7/11/2017 | 1/6/2015 |
---|---|---|---|
Investment Stage | |||
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acq - Pending | ||
Sources | 6 |
Tapestry Fund History
1 Fund History
Tapestry has 1 fund, including Tapestry Foundation.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
Tapestry Foundation | $50M | 2 |
Closing Date | |
---|---|
Fund | Tapestry Foundation |
Fund Type | |
Status | |
Amount | $50M |
Sources | 2 |
Tapestry Partners & Customers
8 Partners and customers
Tapestry has 8 strategic partners and customers. Tapestry recently partnered with Ellen MacArthur Foundation on April 4, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
4/12/2023 | Partner | United Kingdom | Tapestry joins the Ellen MacArthur Foundation `` At Tapestry , our brands are contributing to a future that is both beautiful and responsible , and we look forward to collaborating with the Ellen MacArthur Foundation to continue to tackle pressing climate challenges and generate even more momentum behind the circular economy . '' | 3 | |
2/26/2021 | Partner | ||||
2/18/2021 | Partner | ||||
12/17/2020 | Vendor | ||||
11/9/2020 | Vendor |
Date | 4/12/2023 | 2/26/2021 | 2/18/2021 | 12/17/2020 | 11/9/2020 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Vendor | Vendor |
Business Partner | |||||
Country | United Kingdom | ||||
News Snippet | Tapestry joins the Ellen MacArthur Foundation `` At Tapestry , our brands are contributing to a future that is both beautiful and responsible , and we look forward to collaborating with the Ellen MacArthur Foundation to continue to tackle pressing climate challenges and generate even more momentum behind the circular economy . '' | ||||
Sources | 3 |
Tapestry Team
3 Team Members
Tapestry has 3 team members, including current Chief Executive Officer, Todd Kahn.
Name | Work History | Title | Status |
---|---|---|---|
Todd Kahn | Chief Executive Officer | Current | |
Name | Todd Kahn | ||
---|---|---|---|
Work History | |||
Title | Chief Executive Officer | ||
Status | Current |
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