Coach (COH) announces a multi-year succession plan which will see Victor Luis come on as CEO in...


Coach (COH) announces a multi-year succession plan which will see Victor Luis come on as CEO in January 2014 to replace Lew Frankfort. The retailer is coming off of a lackluster holiday season which has been a bitter pill for investors to swallow with rival Michael Kors soaring. Last 90 days: KORS +20% vs. COH -9.9%

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Comments (3)
  • chopchop0
    , contributor
    Comments (5155) | Send Message
     
    about time. very disappointed with how this one has done
    14 Feb 2013, 09:39 AM Reply Like
  • DMKMJG
    , contributor
    Comments (9) | Send Message
     
    Lew Frankfort has done an outstanding job building up one of America's finest brands One lackluster quarter in the US (2% same store sales growth against a tough 8% the prevous year) does nothing to dent the solid reputation he deserves in the annals of American corporate history. Victor Luis will have a tough act to follow. I am glad to know tht Mr. Frankfort will remain on as Executive Chairman after the CEO change.
    14 Feb 2013, 12:12 PM Reply Like
  • Hawinc
    , contributor
    Comments (39) | Send Message
     
    Kors is nothing but kitschy....quality it has not. COH on th other hand is quality thru and thru. This from an owner of both!
    14 Feb 2013, 08:24 PM Reply Like
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