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Company Response

18 Lug 2024

Tapestry's response to mass layoffs at Luenthai Philippines

[...]

Tapestry’s social compliance team has been in contact with management at both of the Luenthai Philippine suppliers used by Tapestry, and they have reported they are both currently in the process of hiring additional staffing to their facilities. We are aware that prior to February 2024, the management team in one of the facilities reduced certain staffing, including for a few days or weeks, and did so in accordance with local legal requirements. We are continuing to review and discuss the information around this situation with the supplier.

[The full response is attached]

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