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Coach bags sales growth despite North American “pullback”

01/02/2017

Leathergoods brand Coach reported net sales of $1.32 billion in the second quarter of the 2016/2017 fiscal year, a 4% increase on the same period last year.  Net income for the period was 18% higher at $200 million. The company said sales growth had been impacted by its “deliberate pullback” in North America, which has seen it remove products...

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