0911 ET - Tapestry Chief Executive Joanne Crevoiserat says Gen Z is playing a key role in the company's growth. Gen Z was a primary driver behind Tapestry's 2.4 million new customers in the most recent quarter, Crevoiserat says. Gen Z consumers also have higher retention rates, which Tapestry sees as an opportunity to build long-lasting relationships with the young shoppers. Most of the new customers came for Tapestry's Coach brand, which saw sales jump 31% in the quarter. "Gen Z acquisition accelerated meaningfully, and their influence extended across generations, fueling broader new customer growth," Crevoiserat says on a call with analysts. Tapestry is off 2% premarket. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
May 07, 2026 09:11 ET (13:11 GMT)
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