COACH CHANGING ITS NAME TO TAPESTRY

 

Coach, the iconic leather goods company will be changing its corporate name to Tapestry Inc. The change in name was made to broaden its image following the acquisitions of Kate Spade and Stuart Weitzman brands. “We are now at a defining moment in our corporate reinvention,” Chief Executive Officer Victor Luis said Wednesday in a statement. “In Tapestry, we found a name that speaks to creativity, craftsmanship, authenticity and inclusivity on a shared platform.” The name change will go into effect at the end of the month.