Coach Inc (COH.N)
2 Sep 2015
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.
- The Dow and S&P 500 ended a volatile session higher on Tuesday, helped by strong earnings from Merck and gains in IBM after it boosted its dividend, while the Nasdaq fell with Apple.
* Shares down as much as 8.8 pct (Adds analysts comments, forecast; updates shares)
April 28 - Coach Inc, the maker of Poppy handbags, reported a 15.5 percent decline in quarterly revenue as sales in North America, its biggest market, fell for the seventh straight quarter.