Coach Still on a Roll: As Profits Leap 60%, Big Expansion Ahead
Coach reported a 60% leap in first-quarter earnings and a 33.2% rise in revenues, it said it was looking to add 100 stores over the next few years, remodel its New York flagship and introduce a higher-priced special collection for holiday retailing.
From This Issue
GILAN’S NEW FLAGSHIP: Turkish fine jeweler Gilan has signed a lease for its first U.S. flagship at 743 Fifth Avenue in New York. The 1,950-square-foot boutique will be sandwiched between Louis Vuitton’s flagship at the corner of…
WILD ABOUT BILL: A perfect political storm converged on the American Magazine Conference in Boca Raton, Fla., this week as Vice President Dick Cheney, who was campaigning in Palm Beach County, spent Monday night at the hotel where former…