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Coach confident in transformation plan despite sales dip

22/10/2013

Leathergoods brand Coach has reported sales of $1.15 billion for its first fiscal quarter ended September 28, compared with $1.16 billion a year ago, a decrease of 1%. Net income for the quarter totalled $218 million compared with net income of $221 million in the same period last year. However, Coach’s CEO Lew Frankfort said the US company was ...

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