Coach Inc (COH.N)
25 Jul 2016
July 14 Coach Inc named Valentino executive Wendy Kahn chief executive and brand president of the Stuart Weitzman luxury shoe business it bought last year, as the handbag maker steps up efforts to regain its premium status.
* Coach, Inc. appoints Wendy Kahn as Chief Executive Officer and Brand President of Stuart Weitzman
July 14 Handbag maker Coach Inc named Valentino executive Wendy Kahn chief executive and brand president of Stuart Weitzman, the shoe business it bought in May last year.
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
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