Archive for February 22nd, 2012

The history of Coach

Wednesday, February 22nd, 2012

Positioning change, cocah outlet products by the past monochromatic department, also completely with leather as the raw material of a single mode, began to diversification development. Now, Coach bag bag products more than 60% of the products, is mixed leather, canvas, textile cloth material is made. Choose the change of raw material, make Coach product becomes lighter, more fashion.

Fashionable design, reasonable price, Coach created a miracle of Wall Street. 2000 years ago, the growth of the Coach or negative, but 2001 from Sally group (Sara Lee) fully independent, its sales rise from $500 million to $2.6 billion, more than four times the growth. 2003 Years later, Coach of ascension to over 70% gross margin, profit every year from $64 million to $500 million or so suddenly and violently, and in recent years, or even more than LVMH, Tiffany, calendar peak Group (Richemont Group), which is the head of the global luxury profit.

From fashionable life, post The history of Coach

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