Coach Inc. news and archive

Coach Q2 sales down 6 percent

REPORT_ Coach second quarter sales have declined by 6 percent. On a constant currency basis sales declined 3 percent for the quarter. Operating margin was 30.7 percent versus 35 percent for the same period last year. Gross margin was 69.2 percent versus 72.2 percent reported in the prior year. SG&A expenses as a percentage of net sales was 38.5...

Fashion

Coach Inc owes China for its revenue’s hike

American handbag designer Coach Inc. announced on Tuesday that its fiscal first-quarter international sales revenue up dramatically, driven mainly by gains in the Chinese market. Coach’s sales revenue in the quarter ended Sept 29 rose by 11 percent to 1.16 billion dollars, compared to the 1.05 billion dollars it achieved a year earlier. “They...