is tapestry still going to own coach, kate spade as we move forward?ortunate position it's a challenging environment but we believe we're well positioned we did move very quickly early on to strengthen, to fortify our balance sheet both in terms of our inventory levels, cutting our cap ex rate, drawing down our revolver, suspending our dividend so we feel very good about that. what we feel in many ways even better as you pointed out, but actually that was well before covid hit and we started a diagnostic process to really look hard at our business after i began and we developed a strategy which has proven to be spot on in terms of being appropriate for helping us navigate both this challenging environment and we believe come out of this environment and that's really a strategy that's very focused on being increasingly consumer centric. being very data driven using it to form a lot of forward looking decisions as well as being more lenient and agile. as we move into an environment that we see trends that increase digitalization, we believe we're very we

anthropologie taking 30%, coach 30% off bags and wallets, kate spade also 30% off.ull priced cookware. listen i. dent want to flag but my advice though matter what the sites say about one-day shipping or same day delivery, just order everything right now. things are taking longer to get fulfilled. shipping can take longer. you won't regret being early this year, guys. >> thanks, becky. we will and right back. 20% off cookware. rudy got older and suddenly stopped eating...t, then we found freshpet. now rudy's 13, and going on 3. ♪ >>> good morning, everyone. i'm liz kreutz. drivers in san francisco on highway 101, crews have completed the deck construction project. highway 101 near alemany boulevard. both sides opened 4:20 this morning. >>> let's get a check of the weather now with meteorologist lisa argen. good morning, lisa. >> good morning, liz. emeryville, you can see the cloud cover, the fog. coast on gilroy, redwood city, 59. very pretty low cloud deck. this will thin out to mid and high-level clouds. mid to upper 50s. we'll look for clouds to thin out for a pa

here in new york city, governor cuomo announcing that they're partnering with the kate spade text line to offer emotional support services for the governor called front line hello care heroes. alhe also said he's instructing insurers to waive fees for mental health services for front line workers. >> thank you very much. and i want to go now to two of the nation's leading pandemic experts. authors of this new report which predicts the pandemic could last up two more years. john berry and mark -- so thanks very much to both of you. welcome back. mark, john, you know you write that this virus will likely keep spreading for 18 months to two years and the forecast you both put in was until 60 to 70% of the population worldwide has it, which i know mark has said is sort of how he defines herd immunity warn this could include another wave in the fall and winter. so could that wave be bigger than what we are seeing right now? >> it could be. what we've seen so r far has been controlled and lessened significantly by the actions we've taken. if those actions are released and people stop paying

anth anthropologie 30% off, coach 30% off, kate spade 30% off, l la cruecier, 20% off.y or same-day delivery, order everything right now. things are taking longer to get fulfilled. shipping can take longer. you won't regret being early this year. i'm becky worley, abc news. >> are you ready for that? quarantine, lisa, quarantine mother's day, our first ever? >> i was just going to say i'll take that, and that and that, and that all sounded good, anthropologie, the pots and pans, no problem. sign me up. the weather will be nice this week but the only caveat is that heat is going to build as we get towards the end of the week. live doppler 7 right now, no cloud cover to speak of, although there is a little bit of patchy fog in santa rosa. live pictures from mt. tam you can see how pretty it is, the sun coming up just after 6:00 and looking at some cooler temperatures in the north bay, right now it is 52 in san francisco, 56 in oakland. good morning, redwood city, low 50s for you, we'll have the breezy onshore winds on the we ininess la. san jose is at 55, and half moon ba

kate spade 30% off, la cruecier, 20% off full-priced cookware. matter what the sites say about one-day or same-day delivery, order everything right now. things are taking longer to get fulfilled. shipping can take longer. you won't regret being early this year. i'm becky worley, abc news. >> good tips. >>> let's get a check of the weather with lisa. by next mother's day it will be pretty warm it sounds like. >> yes. you know what? sunday could begin a bit of relief, because the peak heat looks to come in thursday and friday, but yes, certainly on the warm side for sure as we finally get into temperatures that are going to be well above average. we've had a little bit of the taste of that the past couple weeks, a day here or there, but this is going to be the hottest weather we've seen in a while but not today. live doppler 7 showing you the clear sky, the lack of cloud cover. a cold front moved through yesterday. you may have seen the dark clouds, a little bit of mist and drizzle. it's behind us now, drier air moving. but we have a zonal flow tha

first depression of your lifetime then coming up on power lunch, tapestry which owns brands like kate spadee of its doors. the cejos wo inusith whiep whyy plan to open now to eligible members so they can pay for things like groceries before they worry about their insurance or credit card bills. discover all the ways we're helping members today. or credit card bills. ever something's gone mogotten into the office.m, i hear you. feels like there's no barriers between departments now. servicenow. the smarter way to workflow. and wells fargo employees are assisting millions of customers never before across america through fee waivers and payment deferrals, helping people stay in their homes through mortgage payment relief efforts and donating $175 million dollars to help hundreds of local organizations provide food and other critical needs... when you need us, wells fargo is here to help. >>> other countries starting to reopen, the fear is about a second wave of coronavirus cases and false sense of security. my next guest says a wave of bankruptcies is coming and we'll need massive subsidies th

they joked in her obituary that stocks in marc jacobs, kate spade and yankee candle tanks.led into the weekend, we'll leave you this. one of her final acts was to send a gift card to college roommate, a nurse just to say thank you. it went to good use. it went to purchase of protective masks for the hospital's team. we'll repeat that message pop thank you to first responders and thanks to you for letting us into your homes today and all week long during these extraordinary times. it's truly a privilege. we'll get through this together one day at a time. our coverage continues with chuck todd right after the break. continues with chuck todd right after the break. in only 8 weeks with mavyret... ...i was cured. i faced reminders of my hep c every day. i worried about my hep c. but in only 8 weeks with mavyret... ...i was cured. mavyret is the only 8-week cure for all types of hep c. before starting mavyret your doctor will test... ...if you've had hepatitis b which may flare up and cause serious liver problems during and after treatment. tell your doctor if you've had hepatit

the parent company of coach kate spade is beginning to reopen the stores by the end of the week tapestry expects to be doing business the company is also reopening another 125 stores across europe and asia cvs has another 51 testing sites opening. they're in the northeast, arizona and florida. they will now have 1,000 testing sites across the nation by the end of may you can always get more on our coronavirus coverage by heading to cnbc.com. david, over to you >> sue, thank you. sue herera up next y, julie sweet. 115 market cap consulting company. one of the largest in the world. what are they seeing and what are their clients doing in terms of selling their digital transformation we'll have that next - [announcer] if you've tried college but never finished, snhu let's you transfer up to 90 credits toward your bachelor's degree. - [woman] it doesn't matter how old you are, you can do it. you can finish. - [announcer] finish your degree at snhu.edu. >>> welcome back to "squawk on the street." many companies around the world grappling with the transformation of their business that needs to