The men’s component of the Coach brand, now at $850 million, is on track to hit $1 billion within the next three years.
As the offspring of immigrants, Rose Marie Bravo and Tapestry’s ceo Victor Luis described their American-made dreams and emphasized the need for industry-wide change.
The capsule collection of accessories and ready-to-wear will be offered at Coach stores and online starting Monday.
Meanwhile, investors were focused on the shorter-term outlook.
Coach’s North American sales were a plus; Kate Spade contributed to the bottom line and Stuart Weitzman had execution issues.