Coach Inc (COH.N)
30 Nov 2015
(The following statement was released by the rating agency) NEW YORK, October 30 (Fitch) Fitch Ratings has affirmed the 'BBB' long-term Issuer Default Rating (IDR) for Coach, Inc. (Coach). The Rating Outlook is Stable. A full list of ratings follows at the end of this release. KEY RATING DRIVERS The ratings reflect Coach's strong position in the premium bag and small leather goods market as well as reasonable credit metrics despite recent EBITDA headwinds. Since FY 2013 (ended June 2013), t
* Shares up as much as 9 pct (Adds CEO and analysts' comments, background; updates shares)
Oct 27 Coach Inc, known for its Poppy handbags, reported its slowest fall in quarterly sales in more than two years, helped by a revival of demand in North America - the company's largest business by sales.
HONG KONG, Aug 28 Leather goods maker Coach Inc is shutting one of its three flagship locations in Hong Kong next week, the latest retailer to be hit by the drop in the number of mainland Chinese visitors to the city amid a slowing economy and weaker yuan.
Aug 5 Kate Spade & Co reported better-than-expected growth in its quarterly same-store sales, helped by strong demand for its handbags and small leather goods such as wallets.
Wall Street ended lower on Tuesday for a third straight session as investors worried about a rise in interest rates while Apple's shares hit their lowest in over six months. | Video
* Shares rise as much as 7 pct (Adds CEO, analyst comments, details; updates shares)
Aug 4 Coach Inc's sales fell for the eighth straight quarter as demand for its handbags and accessories remained weak despite heavy discounting.
MEXICO CITY The coach of Mexico's national soccer team was accused on Monday of punching a journalist in the neck during an altercation at the Philadelphia airport, a day after Mexico's triumph in Sunday's CONCACAF Gold Cup tournament.