Condé Nast Portfolio
Home > Views > Blogs > Fashion Inc. > Tumi Time For Europe; Coach Kicking In USA
EMAIL
PRINT
RSS
SHARE
TEXT SIZE:
SHARE
Send a copy to me

Separate multiple email addresses (max 20) with commas.

0/1500

Main
Will Donatella Spice Up The Spice Gi...   Fashion's New Money Matchmakers
Jul 31 2007 9:00AM EDT

Tumi Time For Europe; Coach Kicking In USA

David Chu, the founder of Nautica, has done a fantastic job with his first women's collection for luggage maker Tumi. The line mixes practicality with chic and, most importantly, reasonable prices. The top end of the range is $695. This puts it firmly into Coach territory. And that's not a bad place to be. Coach keeps going strong. Results today showed 28 percent growth in net sales in fiscal year 2007. But despite their success, brand leaders are fearful of expanding beyond their comfort zone of the US and Japan and China. They think the US can support 500 Coach stores but have said they have no plans to expand in Europe. So I was excited to see that Tumi doesn't have the same fears. It's first women's only store will open in New York this September, and 12 Tumi stores are expected to open in the next year in places like Amsterdam, London, Hamburg and Osaka.

See more in

Loading...
Add Your Comment
View
 

Thank you for registering as a Portfolio.com Insider. Your comment has been added.

Create Your Public Profile


Archive

Previous
Jul
2009
Next


Also in Portfolio.com
Most Read
Most Emailed
Recently Commented

Newsletter Sign-Up
Inside Portfolio.com
In This Issue
Subscribe
Newsletter Sign-Up
Inside Portfolio.com
In This Issue
Subscribe