Tapestry expects about 70% of its growth in the coming years to come from international markets.

Glonghui, May 19th – Joanne Crevoiserat, CEO of Coach's parent company Tapestry, expects that about 70% of the company's growth in the coming years will come from international markets, with a focus on expansion plans in China and Europe. The Chinese market currently accounts for about 15% of Tapestry's business, but holds tremendous potential, especially among younger consumers. In the European market, Tapestry has shifted its focus from tourism-driven demand to young consumers and local customers. When asked about potential merger and acquisition plans, Crevoiserat stated that Tapestry is currently focused on organic growth, aiming to sustain Coach’s growth momentum and revitalize Kate Spade’s growth trajectory.