Victor Luis, CEO of fashion house Tapestry, leaving the company

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Victor Luis, CEO of fashion house Tapestry, leaving the company GlobeBusiness

Shares of the company have lost more than half of their value since Luis took over the top job in 2014. They were up nearly 3 per cent in trading before the opening bell.

The company said chairman Jide Zeitlin will take over as Tapestry CEO on an interim basis, adding that it would start looking for a permanent replacement.

 

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