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Tapestry knocked by Kate Spade charges, reports Q1 loss

2017-11-07 13:29:00| Daily apparel & textile news and comment - from just-style.com

Accessories business Tapestry, formerly known as Coach Inc, swung to a loss in the first quarter as it was hampered by costs related to the acquisition of Kate Spade, but the addition of the brand helped drive net sales by 24% in the period.

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