Coach Inc. is moving on up, along with its prices.
“Significant” changes in its pricing model at outlet stores and growth in the China business lifted Coach’s third-quarter profit 21 percent. But Wall Street was miffed by the vendor’s tweaked strategy and acknowledgment that its North America business slowed a bit, due partially to softness in department store sales, causing shares of Coach to fall 4.3 percent to $71.87 at the end of trading Tuesday.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"