COVID Stimulus Watch Individual Entry

Recipient Company:
TAPESTRY INC
Loan or Loan Guarantee Amount:
$989,403

Recipient Details

Ownership Structure: publicly traded (ticker symbol TPR)

Award Details

Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

Parent Company Data

Parent Company: Tapestry Inc.
Headquartered in: New York
Parent Sector: apparel
Parent Industry: apparel
Employees (prior to pandemic): 21,000

Accountability Issues Since 2010

Employment icon
Employment-related Penalties: $3,050,000
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 486 to 1
CEO Compensation: $12,362,240
Worker Median Pay: $25,450
Tax icon
Total Federal, State, and Local Subsidies: $27,148
Federal Corporate Income Tax Rate: -7.9%
Subsidy Tracker
Violation Tracker

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues