Global Retail Alliance
info@gra.world
  • Login
  • Register
  • Newsletter
  • Virtual Library
  • Choose your country
    • Australia
    • Brazil
    • China
    • Poland
    • Latin America
    • Middle East
GRAGRA
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact
  • Home
  • Membership
    • Silver
    • Gold
    • Platinum
  • Event
  • News
  • Retail Tour
    • Our Tours
    • Europe Retail Tour
    • Retail Tour – New York
    • Retail Tour – Düsseldorf
  • Contact

Retail News

  • Home
  • Retail News
  • Is Coach planning to become a multi-brand fashion giant?

Is Coach planning to become a multi-brand fashion giant?

  • Categories Retail News
  • Date April 13, 2017
  • Comments 0 comment
While Coach, Inc. has considered acquiring Kate Spade and Burberry in the past, it is yet to pull the purchase trigger —though the strategy to do could potentially benefit shareholders, providing the company does not overpay for its acquisitions. 

However, in preparation for an acquisition of any kind, Coach, Inc. created a new position of President/Chief Executive Officer for Joshua Schulman (previously of Neiman Marcus Group), moving the current President (Ian Bickley) into the role of President, Global Business Development/Strategic Alliances. 

Of course, this was not an overnight business decision. Coach has been preparing for this metamorphosis by beefing up its marketing department with Carlos Becil and Nicolas Cormier and investing in its stores via product innovation, improved pricing and a cost-effective global sourcing plan for several years—actionables the company will continue long-term plan in an effort to drive sales and operating margins, as well as expand its global distribution model into untapped markets.

So far, the company has successfully systemized its North American operations by increasing its sales of products priced $400 and more, decreasing its in-store sales to lessen customer expectation and closing faltering stores to focus on stronger markets.

Source: Fashion Network

  • Share:
gsiino

Previous post

Galeries Lafayette prepares for Istanbul grand opening
April 13, 2017

Next post

LVMH shares hit record high as luxury sales jump in first quarter
April 13, 2017

You may also like

forever-21
Shein and Forever 21 Owner Join Forces
24 August, 2023
the-co-op
Central Co-op – creating a sustainable society
17 August, 2023
korea-ecommerce
South Korea e-commerce sales to surpass USD 160 million by 2027
10 August, 2023

Leave A Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search News:

News category:

News Archive:

Last News:

Shein and Forever 21 Owner Join Forces
24Aug2023
Central Co-op – creating a sustainable society
17Aug2023
South Korea e-commerce sales to surpass USD 160 million by 2027
10Aug2023
Coach Play concept store in Singapore plays host to Coachtopia immersive, circular economy takeover
09Aug2023
Struggling Wilko suspends home delivery orders
09Aug2023

© 2022 Global Retail Alliance | info@gra.world | Privacy Policy