batchsize=3;
event_count=6;
year=2010;
month=7;
day=30;
hour=12;
minute=20;
second=32;
event_date=2010-07-15 07:11:14;
sort_date=40374.299468;
Chief Pulse Comment by Lew Frankfort
event_date=2010-07-11 15:39:54;
sort_date=40370.652708;
Chief Pulse Comment by Michael Tucci
"Our customer was very happy to have a Blahnik shoe for under $500," says Katz. Bargain in the bag It's no accident that
Coach, whose handbags used to start at about $250 — and whose average retail price for a handbag hit close to $350 before the recession — launched a new line last year, Poppy, which starts at $198.
Beyond that, Coach has added more bags at lower price points — and made them more function for women carrying devices from iPhones to iPads, says Michael Tucci, president of Coach's North American retail division. "The last thing I want you to get from this is that
Coach got cheaper. We got more compelling from a value standpoint."
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"Our customer was very happy to have a Blahnik shoe for under $500," says Katz. Bargain in the bag It's no accident that <span class="company">Coach</span>, whose handbags used to start at about $250 — and whose average retail price for a handbag hit close to $350 before the recession — launched a new line last year, Poppy, which starts at $198. <span class="sent">Beyond that, <span class="company">Coach</span> has added more bags at lower price points — and made them more function for women carrying devices from iPhones to iPads, says <span class="analyst">Michael Tucci</span>, president of <span class="company">Coach</span>'s North American retail division.</span> "The last thing I want you to get from this is that <span class="company">Coach</span> got cheaper. We got more compelling from a value standpoint."
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event_date=2010-06-22 13:33:00;
sort_date=40351.564583;
The growing Chinese middle class, which may soon have more money to spend, can't afford high end luxury brands, also making
Coach an attractive alternative.
Wall Street Strategies analyst Brian Sozzi estimates that Coach is positioned to grow its sales in China to $250 million annually by the end of 2011, up from $50 million in 2009. "The company's merchandise fetches higher prices in China relative to the U. S., and the brand is still a small percentage of the luxury goods market, suggesting margin killing saturation is not lingering on the horizon," he said
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The growing Chinese middle class, which may soon have more money to spend, can't afford high end luxury brands, also making <span class="company">Coach</span> an attractive alternative.<span class="sent"> Wall Street Strategies analyst <span class="analyst">Brian Sozzi</span> estimates that <span class="company">Coach</span> is positioned to grow its sales in China to $250 million annually by the end of 2011, up from $50 million in 2009.</span> "The company's merchandise fetches higher prices in China relative to the U. S., and the brand is still a small percentage of the luxury goods market, suggesting margin killing saturation is not lingering on the horizon," he said....The growing Chinese middle class, which may soon have more money to spend, can't afford high end luxury brands, also making <span class="company">Coach</span> an attractive alternative.<span class="sent"> Wall Street Strategies analyst <span class="analyst">Brian Sozzi</span> estimates that <span class="company">Coach</span> is positioned to grow its sales in China to $250 million annually by the end of 2011, up from $50 million in 2009.</span> "The company's merchandise fetches higher prices in China relative to the U. S., and the brand is still a small percentage of the luxury goods market, suggesting margin killing saturation is not lingering on the horizon," he said. Tweet this
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Chief Pulse Comment by Lew Frankfort
Handbag and accessories retailer
Coach ( COH ) is currently eying China as its primary source of growth.
The company currently has 37 stores in the country, but CEO Lew Frankfort told TheStreet in an interview earlier in the year that China could support at least 150 locations. China was the sources of an upside surprise in
Coach's last two quarters, which Frankfort attributes to the brand's loyal following in the country. The growing Chinese middle class, which may soon have more money to spend, can't afford high end luxury brands, also making
Coach an attractive alternative.
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Handbag and accessories retailer <span class="company">Coach</span> ( COH ) is currently eying China as its primary source of growth. <span class="sent">The company currently has 37 stores in the country, but CEO <span class="analyst">Lew Frankfort</span> told TheStreet in an interview earlier in the year that China could support at least 150 locations.</span> China was the sources of an upside surprise in <span class="company">Coach</span>'s last two quarters, which Frankfort attributes to the brand's loyal following in the country. The growing Chinese middle class, which may soon have more money to spend, can't afford high end luxury brands, also making <span class="company">Coach</span> an attractive alternative. Tweet this
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event_date=2010-06-15 16:54:09;
sort_date=40344.704271;
"Spend trends appear to have turned significantly stronger after taking a brief pause in April," wrote Barclays Capital analysts. Look at shares of
Coach, which are hitting 52 week highs Tuesday.
Morgan Stanley analyst Michelle Clark reports the most recent research from market research firm NPD shows sales of Coach handbags in U. S department stores were up 10.5%, year over year in May. Admittedly, this is just a couple data points, but we thought it was worth pointing out
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"Spend trends appear to have turned significantly stronger after taking a brief pause in April," wrote Barclays Capital analysts. Look at shares of <span class="company">Coach</span>, which are hitting 52 week highs Tuesday.<span class="sent"> Morgan Stanley analyst <span class="analyst">Michelle Clark</span> reports the most recent research from market research firm NPD shows sales of <span class="company">Coach</span> handbags in U. S department stores were up 10.5%, year over year in May.</span> Admittedly, this is just a couple data points, but we thought it was worth pointing out....Look at shares of <span class="company">Coach</span>, which are hitting 52 week highs Tuesday.<span class="sent"> Morgan Stanley analyst <span class="analyst">Michelle Clark</span> reports the most recent research from market research firm NPD shows sales of <span class="company">Coach</span> handbags in U. S department stores were up 10.5%, year over year in May.</span> Admittedly, this is just a couple data points, but we thought it was worth pointing out. Tweet this
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event_date=2010-06-15 16:16:39;
sort_date=40344.678229;
"Spend trends appear to have turned significantly stronger after taking a brief pause in April," wrote Barclays Capital analysts. Look at shares of
Coach, which are hitting 52 week highs Tuesday.
Morgan Stanley analyst Michelle Clark reports the most recent research from market research firm NPD shows sales of Coach handbags in U. S department stores were up 10.5%, year over year in May. Admittedly, this is just a couple data points, but we thought it was worth pointing out
Share:
"Spend trends appear to have turned significantly stronger after taking a brief pause in April," wrote Barclays Capital analysts. Look at shares of <span class="company">Coach</span>, which are hitting 52 week highs Tuesday.<span class="sent"> Morgan Stanley analyst <span class="analyst">Michelle Clark</span> reports the most recent research from market research firm NPD shows sales of <span class="company">Coach</span> handbags in U. S department stores were up 10.5%, year over year in May.</span> Admittedly, this is just a couple data points, but we thought it was worth pointing out....Look at shares of <span class="company">Coach</span>, which are hitting 52 week highs Tuesday.<span class="sent"> Morgan Stanley analyst <span class="analyst">Michelle Clark</span> reports the most recent research from market research firm NPD shows sales of <span class="company">Coach</span> handbags in U. S department stores were up 10.5%, year over year in May.</span> Admittedly, this is just a couple data points, but we thought it was worth pointing out. Tweet this
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