By  on October 24, 2016
Victor Luis

A fast-growing middle class in China, a consumer base in Europe that is finally catching on to “accessible luxury” brands and an ever-evolving digital landscape are just three of the reasons Coach Inc. chief executive officer Victor Luis is upbeat about the prospects for his company.

During a wide-ranging conversation with WWD editor in chief Edward Nardoza, Luis, who became Coach’s ceo in 2014 after running the company’s international operations, was candid about the challenges the iconic American accessories company and the rest of the retail industry are facing. Terrorism, currency fluctuations and the slowdown of the Chinese economy are all valid concerns but should be taken in stride, he said. The longer-term market prospects for an affordable luxury player like Coach are still very bright, he concluded.

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