Tapestry Inc. announced that Tom Glaser has been appointed chief operating officer, effective July 15, 2019. Glaser joins from The North Face parent VF Corp. where he was president of supply chain. He joined that company in Asia in 2001. Tapestry's brands include Coach, Stuart Weitzman and Kate Spade. Tapestry stock has tumbled nearly 13% for the year to date while the S&P 500 index has gained 11.8% for the period.