This week Coach announced plans to change its name to Tapestry Inc. — a move that caused some fans to panic that their favorite brand might disappear. But the company says the new name is meant to reflect its recent acquisitions of Stuart Weitzman and Kate Spade, which will continue along with Coach as separate fashion lines. Victor Luis, CEO of the newly renamed company, dismissed the idea that shoppers might associate “Tapestry” with the ’70s-era Carole King album: “We discovered that most millennials had not heard of it.” More on this story in The New York Times.
