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Costco’s CEO Ron Vachris started in 1982 as a part-time forklift driver at Price Club, the warehouse chain Costco later merged with. He spent 40+ years working his way up to the top job.

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TPR · All filings

TAPESTRY, INC. 10-K

Filed 2023-08-17 · Original on SEC.gov

Attached exhibits

EX-21.1 · Subsidiaries EX-23.1 · Auditor consent

Jump to a section

Whole filing What changed since last time Item 1 · Business Item 1A · Risk Factors Item 2 · Properties Item 3 · Legal Proceedings Item 5 · Market for Registrant’s Common…Item 7 · Management’s Discussion and An…Item 7A · Quantitative and Qualitative D…Item 9A · Controls and Procedures

Item 3. Legal Proceedings

ITEM 3. LEGAL PROCEEDINGS 
 The Company is involved in various routine legal proceedings as both plaintiff and defendant incident to the ordinary course of its business, such as to protect Tapestry, Inc.'s intellectual property rights, litigation instituted by persons alleged to have been injured by advertising claims or upon premises within the Company's control, contract disputes, insurance claims and litigation, including wage and hour litigation, with present or former employees. 
 Although the Company's litigation can result in large monetary awards, such as when a civil jury is allowed to determine compensatory and/or punitive damages, the Company believes that the outcome of all pending legal proceedings in the aggregate will not have a material effect on the Company's business or consolidated financial statements. 
 
 ITEM 4. MINE SAFETY DISCLOSURES 
 Not applicable. 
 30 

 PART II

Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.