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Joanne Crevoiserat

Crevoiserat is not a limelight-seeking CEO. That makes her an outlier in the fashion world, but the trait has served her well as she’s led the parent company of Coach, Kate Spade, and Stuart Weitzman out of a series of crises, including the abrupt departures of her two immediate predecessors and COVID’s challenge to its business. On her watch, the once flailing Kate Spade has continued its turnaround, while Coach has restored its upscale aura, protecting Tapestry as the post-pandemic luxury boom waned. Crevoiserat’s no-showboating but effective management style will be put to an even bigger test in 2024, when Tapestry is expected to close its $8.5 billion purchase of archrival Capri, owner of Michael Kors and Versace. The deal, if it isn’t blocked by regulators, will merge two equals and turn Tapestry into a $12-billion-a-year luxury powerhouse. Still, Crevoiserat bristles at the suggestion she’s a dealmaker; she sees the acquisition as a means for brand-building, not empire-building.

Courtesy of Tapestry
  • Title
    CEO
  • Affiliation
    Tapestry
  • Country/Territory
    U.S.
Crevoiserat is not a limelight-seeking CEO. That makes her an outlier in the fashion world, but the trait has served her well as she’s led the parent company of Coach, Kate Spade, and Stuart Weitzman out of a series of crises, including the abrupt departures of her two immediate predecessors and COVID’s challenge to its business. On her watch, the once flailing Kate Spade has continued its turnaround, while Coach has restored its upscale aura, protecting Tapestry as the post-pandemic luxury boom waned. Crevoiserat’s no-showboating but effective management style will be put to an even bigger test in 2024, when Tapestry is expected to close its $8.5 billion purchase of archrival Capri, owner of Michael Kors and Versace. The deal, if it isn’t blocked by regulators, will merge two equals and turn Tapestry into a $12-billion-a-year luxury powerhouse. Still, Crevoiserat bristles at the suggestion she’s a dealmaker; she sees the acquisition as a means for brand-building, not empire-building.