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Coach - Handbag Business
Essay specific features
Written by:
David R
Date added:
February 14, 2014
Level:
University
Grade:
A
No of pages / words:
6 / 1472
Was viewed:
1730 times
Rating of current essay:
Essay content:
The firm was founded by retail industry analyst Dana Telsey, whom Institutional Investor magazine ranked as the top specialty stores analyst for seven years through 2005.
``The handbag business has softened up a little bit,'' said Kathryn Deane, president of New York fashion-consulting firm Tobe, whose clients have included Macy's Inc...
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and Neiman Marcus Group Inc. ``When the consumer looks at accessories, she is not just looking at handbags anymore.''
U.S. handbag sales gains may have peaked as competition from shoes and jewelry heats up and higher gasoline and mortgage costs slow consumer spending.
LVMH Moet Hennessy Louis Vuitton SA's gain in sales of fashion and leather goods may slow below the 11 percent the Paris-based company recorded in 2006, said John Guy, an analyst at MF Global Securities in London...
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