By  on September 4, 2019

Tapestry Inc. is changing leadership, but not necessarily direction, replacing Victor Luis — at least for now — with chairman Jide Zeitlin in the role of chief executive officer, but reaffirming its “commitment to multibrand strategy.”

The move sees the departure of Luis, one of fashion’s foremost empire builders, who took the helm at what was then Coach Inc. in 2014 and added Stuart Weitzman in 2015 and Kate Spade in 2017, pushing revenues over $6 billion.

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