Coach owner Tapestry cuts annual forecasts on China hit
3 minute readPublished: Thursday, November 10, 2022 at 10:59 am
/cloudfront-us-east-2.images.arcpublishing.com/reuters/BWJNLY5IYJJWJD2ILCUI2S2N2Q.jpg)
Tapestry Inc cut its annual sales and profit forecasts on Thursday, blaming persistent COVID-19 restrictions in China and an expected slowdown in demand in North America.