Coach Inc (COH.N)
1 Jul 2016
June 14 U.S. luxury fashion retailer Neiman Marcus Group Ltd LLC reported its third straight quarterly drop in sales at established stores and a nearly 81 percent fall in profit amid a slowdown in apparel spending.
June 9 Ralph Lauren Corp has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a sweeping plan to lower costs and revive sales growth at the luxury fashion brand.
June 9 Ralph Lauren Corp said it has appointed former Coach Inc executive Jane Nielsen as chief financial offer, two days after announcing a slew of other reforms.
* Sets quarterly cash dividend of $0.3375per share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)
* Shares up as much as 3.8 pct (Adds CEO comments, details; updates shares)
* Coach CEO says efficiency initiatives plan will include elimination of 300 positions worldwide - Conf call
* Says as a result of operational efficiency plan, co expects to incur pre-tax charges of about $65-80 million
April 26 Coach Inc, which has been trying to regain its cachet in the luxury handbag market, reported an 11 percent rise in quarterly sales, spurred by demand in China and Europe.
* Shares rise 12 pct (Adds CEO and analyst comments, background; updates shares)
Jan 26 Handbag maker Coach Inc's quarterly sales rose for the first time in 10 quarters, helped by the acquisition of luxury shoe brand Stuart Weitzman, and strong demand in Europe and China.
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