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Fortune
Fortune
Ruth Umoh

The one question that drives every deal at the luxury giant behind Coach and Kate Spade

Scott Roe, CFO and COO of Tapestry. (Credit: Fortune)

The lines between the CFO and COO are increasingly blurring. Scott Roe sits squarely at that intersection at Tapestry, the parent company of Coach and Kate Spade, and (until its recent sale) Stuart Weitzman, overseeing both capital allocation and day-to-day operations. His dual role suggests how Tapestry thinks about strategy: investing in the portfolio and operating the business are part of the same conversation.

That philosophy helps explain why two of Tapestry’s biggest strategic moves, which appeared to point in opposite directions, actually followed the same playbook.

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