Great news for Coach, reports are in that the fashion house has had an increase in sales for the Q4. Several brands have already announced the profits that they have made this year; Coach is the latest one to join the line. The luxury handbag maker Coach has seen its income increase to a good 34percent in is fourth quarter thanks to sale in North America and China.
Speaking on this, Coach said they planned on expanding its men division, probably putting up more men clothes and accessories to sell. The fashion house will pay more attention to the Chinese market. The brand made a wise decision to slash down their prices as the economy was weakening thus customers weren’t spending much.
Coach cut down prices of their luxurious handbags to around $200 to $300 and this step helped take the brand even higher as its revenue rose 6.3 percent in the US and went on to sell a further 25percent handbags and other products. While handbags surge, foot wears didn’t sell that much. Hope Coach continues to surge higher and higher.
