Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Tapestry Inc    TPR

TAPESTRY INC (TPR)
Mes dernières consult.
Most popular
  Report  
Real-time Quote. Real-time Cboe BZX - 06/22 07:21:37 pm
47.125 USD   -1.90%
06/07TAPESTRY INC : Ex-dividend day for
FA
06/06TAPESTRY : Designer Found Dead in Apparent Suicide -- WSJ
DJ
06/05KATE SPADE NEW : Statement on Passing of Founder
BU
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets
OFFRE ETE Zonebourse : Jusqu'à 6 mois offerts sur tous les portefeuilles

Gay exec for Coach parent company Tapestry relentlessly sexually harassed straight VP: lawsuit

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/30/2018 | 12:04am CEST

May 29--Oh, what a creepy web they weaved at Tapestry, Inc.

A lawsuit filed Tuesday accused a gay company executive of sexually harassing a straight co-worker, including "numerous unwanted touchings and endless comments" about oral and anal sex.

Defendant Giovanni Morelli was relentless in his same-sex come-ons toward plaintiff Thomas Gibb, who filed the 15-page suit in Manhattan Supreme Court.

"How is your d---?" Morelli allegedly asked Gibb during a March 2018 business trip to Spain. "Is there any way you would ever consider not being straight?"

Tapestry, Inc., owns the well-known brands Coach, Stuart Weitzman and Kate Spade.

The suit alleged that Morelli became obsessive about Gibb's genitals once the plaintiff was hired March 1 as Weitzman's vice president of footwear development.

Morelli asked Gibb about his package when the men first met, the "opening overture in what became a bombardment of offensive conduct," the lawsuit alleged.

Gibb alleged the company ignored his "multiple complaints" about Morelli's constant comments.

While Tapestry announced last week that Morelli resigned after one year as head designer and creative director of the shoe label, the lawsuit charged that he was actually fired for cause.

The same was true of company human resources executive Molly Rosen, who coddled Morelli and chuckled at his inappropriate antics, according to the lawsuit.

An email sent to Tapestry for comment was not returned.

Gibb recounted sending a May 4 complaint to Rosen after returning to work from the weekend only to find Morelli had drawn two large penises on a whiteboard in his office.

"Hahaha I'm dying," the lawsuit quotes Rosen as replying via email. "Giovanni?"

Morelli's inappropriate behavior further included introducing Gibb to people as "Tommy Straight."

During the Spanish trip, Morelli told a crowd of people that Gibb was so heterosexual that "even if I saw him with a d--- in his mouth, I wouldn't believe it."

The lawsuit by Gibb, a well-known figure in the fashion and footwear industry, seeks unspecified damages for "monetary and emotional harm" along with punitive damages.

___

(c)2018 New York Daily News

Visit New York Daily News at www.nydailynews.com

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TAPESTRY INC
06/07TAPESTRY : kate spade new york Statement on Passing of Founder
AQ
06/07TAPESTRY INC : Ex-dividend day for
FA
06/06TAPESTRY : Designer Found Dead in Apparent Suicide -- WSJ
DJ
06/05KATE SPADE NEW YORK : Statement on Passing of Founder
BU
05/30MICHAEL KORS : says higher spending on Jimmy Choo will hit earnings
RE
05/30GAY EXEC FOR COACH PARENT COMPANY TA : lawsuit
AQ
05/29TAPESTRY, INC. : to Present at the Baird Global Consumer, Technology & Services ..
BU
05/29TAPESTRY INC : Free Post Earnings Research Report: Tapestry’s Net Sales Surged 3..
AC
05/25TAPESTRY : Declares Quarterly Cash Dividend
AQ
05/23Ralph Lauren racks up earnings beat, shares jump 16 percent
RE
More news
News from SeekingAlpha
06/21UBS picks favorite softlines stocks 
06/18Jump In On Ultra-Luxury? 
06/13Headlines Don't Determine Stock Prices - Cramer's Mad Money (6/12/18) 
06/05Kate Spade found dead in apparent suicide 
05/31Poplar Forest Capital Quarterly Letter Q1 2018 
Financials ($)
Sales 2018 5 862 M
EBIT 2018 992 M
Net income 2018 347 M
Debt 2018 454 M
Yield 2018 2,81%
P/E ratio 2018 39,70
P/E ratio 2019 16,60
EV / Sales 2018 2,39x
EV / Sales 2019 2,24x
Capitalization 13 539 M
Chart TAPESTRY INC
Duration : Period :
Tapestry Inc Technical Analysis Chart | TPR | US8760301072 | 4-Traders
Technical analysis trends TAPESTRY INC
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 34
Average target price 55,7 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Victor Luís Chief Executive Officer & Director
Todd Kahn President, Secretary & Chief Accounting Officer
Olajide James Zeitlin Non-Executive Chairman
Andrea Shaw Resnick CFO, Global Head-IR & Corporate Communications
Ivan M. Menezes Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
TAPESTRY INC6.35%13 539
INDITEX - INDUSTRIA DE DISEÑO TEXTIL1.36%106 693
KERING22.49%70 688
FAST RETAILING CO LTD16.13%51 041
ROSS STORES5.86%32 612
TIFFANY & CO.30.90%16 819