WSJ
1/23 "Coach's Shares Should Remain in Fashion"
According to the WSJ, Coach's stocks, unlike high-end retailers such as Tiffany's, are a safe bet. Coach's popularity in China and its men's line of cases for various technologies have increased their earnings for the December quarter by 15%.
Clearly, innovating and appealing to new groups of people helps to increase demand and boost sales. Perhaps retailers such as Tiffany's should market in China and open more men's lines.
But until then, I know I'll be flying Coach.
While much of what I know about coach has been obtained from my mother talking about what she bought. I do know from my travels that genuine Coach is a much sought after product in many parts of the world. A problem Coach may face with increasing popularity may be an increase in counterfeits.Maybe Coach will see things the way Brian Molko does! "Imitation is the highest form of flattery"
ReplyDeleteI like your style. Short and to the point! Great general application of economic concepts.
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