News

Coach profits increase

02/08/2011

US-based leathergoods company Coach has posted double-digit profit growth in recent quarters on the strength of its North American direct-to-consumer businesses and global expansion.

The company is also broadening its men's business with more male-oriented products and by opening men's stores in the US and Japan. But Coach had warned that the March 11 earthquake and tsunami in Japan would lower fiscal fourth-quarter sales by about $20 million.

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