Mini-Case On Coach, Inc. (COH) Why are the Ladies Shunning Coach?
Source: ostap25/Fotolia
Headquartered In New York City, Coach, Inc. is the leader in North America of women’s handbags, but in 2014 and 2015, the company faltered badly due to intense rivalry in the industry. Even though most U.S. stocks rose more than 30 percent in 2014, Coach’s stock price declined more than 30 percent. Coach’s EPS steeply declined throughout 2015 and the company’s net income declined 50 percent in Q1 of 2015. Coach’s products are sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website at www.coach.com ...
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