News

Sales rise 28% at Coach

23/10/2007

The luxury goods sector keeps on producing positive news. US leathergoods, accessories and footwear brand Coach, Inc. posted significantly better sales for the first fiscal quarter ended September 29. Net sales increased 28% to reach $677 million, up from $529 million in the same period of the prior year, reflecting   a 26% rise in direct-to-consumer sales at $508 million, and a 35% increase in indirect sales at $169 million.

To continue reading this story, please sign in or register.