Official Coach Outlet OnLine store2014-08-16 20:19:19
Faced with such unsatisfactory performance, Coach Outlet OnLine decided to transition into the long-term pain, and how the future prospects of light luxury brand?
In this performance is declining, Coach Outlet is not only aware of the design concept so popular as before, the core products of handbags and accessories business continued disappointing, although the Spanish luxury leather goods brand Loewe hired former creative director of Lowe StuartVevers join, in order to attract more more consumers, but are still subject to the competitive impact of Michael Kors, Tory Burch, Kate Spade and other brands. Insiders said that consumers better understand their needs, in product, design, price, etc., Coach can not meet consumer demand. Michael Kors same-store sales surged with mild luxury brand Michael Kors in recent years is showing a momentum of rapid development. Michael Kors recently announced fiscal 2014 fourth quarter and full year earnings. Reported fourth quarter of fiscal 2014 ended May 29, 2014, the company's total revenue of $ 917.5 million, an increase of 53.6% over the previous year $ 597.2 million, 26.2% same-store sales growth in net sales to promote retail business rose 49.7% to $ 408.4 million, adding 101 stores a year earlier.
Situation Coach Outlet OnLine Store shutting down North 70 stores by the big environmental impact, high-end luxury consumption decline, "light luxury" is no exception, known as the American light luxury "originator" of Coach recent poor operating conditions. According to sources, Coach will close 70 stores in North America.Tag : Coach Outlet, Coach Outlet OnLine store