Market Currents
Coach (COH) still has over twice the revenue and lusher margins than Michael Kors (KORS), argues...
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Monday, February 25, 8:54 AM ETCoach (COH) still has over twice the revenue and lusher margins than Michael Kors (KORS), argues Barron's as it dissects the handbag market. Though shares of KORS have been outperforming COH by a wide margin, the Coach business model which allows it to sell volume at lower prices through its outlet channel while still maintaining a fashion-forward boutique presence is still working. Asian markets also hold promise for the retailer. The Barron's bounce is in play, COH +1.5% premarket.
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