- Huw Hughes
New-York based luxury fashion group Tapestry has appointed Joanne
Crevoiserat as its new CEO.
Crevoiserat joined the company back in August 2019 as chief financial
officer before being appointed as interim CEO in July of this year when
then-CEO Jide Zeitlin stepped down after 14 years at the company.
Prior to joining Tapestry, Crevoiserat was executive vice president and
chief operating officer at US label Abercrombie & Fitch Co from February
2017 to June 2019. She’s also previously held a number of senior management
roles at Kohl’s Corporation, including as executive vice president of
finance and executive vice president of merchandise planning and
Joanne Crevoiserat is new Tapestry CEO
The group, whose portfolio also includes brands Kate Spade and Stuart
Weitzman, said Crevoiserat is expected to be appointed as a member of its
board of directors at the next board meeting.
Susan Kropf, chair of the board, said in a statement: “After completing
a comprehensive internal and external search, the Board unanimously
concluded that Joanne is the best candidate to lead Tapestry’s next chapter
of growth as CEO. Since taking on the role of Interim CEO in July, Joanne
has led with a customer-centric, data-driven approach, an understanding of
the unique needs and advantages of our house of brands and a focus on
execution and growth.
“Joanne has a passion for our brands and our company, deep financial and
operational expertise and a belief in the power of our teams. She has been
instrumental in setting Tapestry’s strategic agenda and has a clear vision
for what is needed to drive our success in the future.”
Crevoiserat commented: “I am thrilled to be leading Tapestry, with its
three powerful brands, exceptional people and tremendous growth potential.
Since joining the company over a year ago, I have been focused on unlocking
the power of our talented teams by establishing clear priorities and
building a culture of trust and empowerment. I am excited about the
opportunities ahead as we execute on our Acceleration Program, which I am
confident will create stronger connections with our customers and fuel
long-term growth and improved profitability.”
Photo credit: Business Wire