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Coach to push new levers for growth

  • Execs with Coach (COH +0.6%) think global expansion and new products can help the company get back on a growth trajectory after seeing rivals take away share in the handbag market.
  • The retailer will expand in both Europe and China next year and is also transitioning itself into a lifestyle brand.
  • The inside peak of Coach's strategic vision was delivered by oncoming CEO Victor Luis at the Women's Wear Daily apparal summit.
Comments (1)
  • Ian Cognito
    , contributor
    Comments (7) | Send Message
     
    The decline in the handbag market appears to be greater than the growth from the global expansion. There is a lot of talk about new areas of growth, but little discussion about the decline in the core handbag business and how management is going to turn it around or even stabilize the business.
    28 Oct 2013, 04:17 PM Reply Like
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