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  "documentTitle": "Tapestry | Mergers and Acquisitions Presentation Deck | 10 slides",
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      "text": "Applying Coach's Learning to Guide Strategy for Kate Spade: To ensure the long-term health of Kate Spade's brand, we plan to reduce sales in the wholesale disposition and online flash sales channels; Similar to the steps Coach has taken over the last three years in pulling back from brand-damaging channels, we expect a near-term impact to Kate Spade's profitability as we position the brand for sustainable growth; Optimize fleet globally",
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      "text": "Key Elements of Coach's Transformation: Drive brand relevance through product innovation; Optimize fleet and elevate store environments globally; Reduce promotional impressions; Create desire for our brand through compelling marketing; Invest and reset: return to growth after repositioning; Maintain financial flexibility and continue to return capital to shareholders",
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