Gen Phoenix, a leader in sustainable recycled leather fiber materials, has announced an expanded partnership with Tapestry, Inc., the parent company of Coach, Kate Spade, and Stuart Weitzman. This partnership includes a three-year supply agreement and a substantial increase in investment from Tapestry, raising its equity stake in Gen Phoenix to 9.9%.
Since their collaboration began in 2022, they have moved beyond a typical vendor relationship to create a model for sustainable solutions. By sharing resources and design insights, they have developed materials that maintain the quality of traditional leather while enhancing durability through circular transformation.
Luxury brands are increasingly adopting Gen Phoenix’s “luxcycling” approach, which uses innovative materials to extend the lifespan of fashion and accessories while preserving quality. This partnership highlights their leadership in circular leather innovation and contributes to the industry’s shift toward sustainable luxury materials.
KEY QUOTES:
“This expanded partnership marks a major milestone—not just for Gen Phoenix, but for the future of sustainable materials. Together with Tapestry, we’re proving that circular innovation can meet the demands of global brands without compromise. It’s a powerful example of what happens when you combine material innovation, leather heritage, shared values, and a commitment to scale.”
John Kennedy, CEO of Gen Phoenix
“This investment reflects our belief in the power of innovation to drive both purpose and profit. Gen Phoenix’s platform enables circularity at scale—delivering high-quality materials that meet the style, performance, and impact expectations of today’s consumer. As global leader in quality leather goods, we see significant opportunity to be a catalyst of next-generation materials that are consistent with our heritage of craftsmanship. This partnership reinforces our commitment to leading the fashion industry in sustainable innovation and ensuring a resilient, future-ready supply chain.”
Scott Roe, Tapestry Chief Financial Officer and Chief Operating Officer
