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Tapestry expects to fully mitigate the impact of current US tariffs by fiscal year 2028, executives said at its investor day on Wednesday, as the retailer announced plans to buy back shares worth $3 billion during that period.
The company, whose leather handbags and accessories under labels such as Coach and Kate Spade are made in countries including Vietnam, Cambodia and India, is in line to bear the costs of US President Donald Trump’s tariffs.
Tariffs are set to cost the company about…
