Coach is a marketer of accessories and gifts for women and men. Co.'s product offerings include women's and men's bags, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches and fragrance. Co. operates in two business segments: Direct-to-Consumer and Indirect. Direct-to-Consumer, which includes sales to consumers through Co.-operated stores in North America; Japan; Hong Kong, Macau and mainland China; Taiwan; Singapore and the Internet; and Indirect, which includes sales to wholesale customers and distributors in over 20 countries, including the U.S., and royalties earned on licensed product.
COH — Key Stats (updated Friday, May 24, 10:25 AM)
One of the things I've learned over the years is that when people have a lot of money, they tend to spend it on things that tell the world they're successful. We can see this by looking at the way early cultures opulently adorned their kings, queens and tribal leaders. Fast-forward to the present day, and we see that the consumption of luxury goods by the "haves" still flourishes.
For investors, that means there's going to be opportunities to capitalize on the luxury trade.
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