NEW YORK -- Coach Inc. is planning on introducing jewelry offerings next year, as well as a foray into the fragrance business “within the foreseeable future.”
Those disclosures were made by Coach chairman and chief executive officer Lew Frankfort Tuesday during a conference call to Wall Street analysts on the company’s third-quarter results.
For the three months ended April 1, the company posted a 34.6 percent jump in income to $108.8 million, or 28 cents a diluted share, from $80.9 million, or 21 cents, in the same year-ago period. Sales rose 19.7 percent to $497.9 million from $415.9 million.
For the nine months, income rose 40.1 percent to $376.6 million, or 96 cents a diluted share, from $268.8 million, or 69 cents, a year ago. Sales gained 23.6 percent to $1.60 billion from $1.29 billion.
Steve Aoki held a presentation, a runway show and outdoor concert for his men's line Dim Mak. Here's a look from his spring 2018 collection, which was titled "Paradise Found." #wwdfashion #wwdmens (📷: George Chinsee)
"It's really hard sometimes. I think I have a reputation for being really tough and aggressive and pushy but I really am a very shy person who wants to be liked, and that's the conflict constantly. There's something that takes hold - I want people to like me, I don't want to be mean - but if I see something that just cries out to be answered, I go for it," says renowned NBC News correspondent Andrea Mitchell. (📷: @axeldupeux)