Recent Blog Posts
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Morning Hemlines: Mervyn's, Fred Leighton, Imitation of Christ, Holidays, Luxury Ads, Vintage
Nov 24 200810:19 am EDT -
Morning Hemlines: Steve & Barry's, Limited, Barneys, Marc Jacobs, Hicks, Pilati
Nov 20 20089:24 am EDT -
Morning Hemlines: Saks, Woolworths, Project Runay, Consumer Prices
Nov 19 200810:21 am EDT -
Morning Hemlines: Wintour, Saks, Burberry, Steve & Barry's, Carrefour, Claiborne, Wang
Nov 18 20089:58 am EDT -
Morning Hemlines: Penney, A&F. J. Crew, Tom Ford, Brioni, Luxury
Nov 17 20089:46 am EDT
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Jul 29 2008 1:58pm EDT
Coach Ahead of the Game
Even hardcore shopping women are making sacrifices in the current economic climate - but Coach bags are not among their sacrifices.
Reasonable prices and savvy design are contributing factors in Coach's constant success: profits climbed for the company this quarter 32.9 percent, according to today's WWD. Coach posted profits to $213.5 million, compared with $160.6 million a year ago. The company, with its whimsical advertising and trendy use of color, has always been a staple of middle American women, but is making inroads into more urban sophisticates and working women, who no longer feel comfortable spending thousands for a brand new bag.
And Coach expects to addional growth in the next few months.
by Merle Ginsberg
