|
|
Article: Coach Announces Next Phase of Growth Strategy for Japan; Expects Business to Double over Next Four Years to over 80 Billion Yen Bolsters Leadership Team to Drive Growth.
- Article from:
- Business Wire
- Article date:
- April 6, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK -- Coach, Inc. (NYSE: COH), a leading marketer of modern classic American accessories, today announced the next phase of its growth strategy for Japan, with the completion of its present four-year plan in just three years. The new plan will allow Coach to capitalize on the significant growth opportunity that still exists with the domestic Japanese consumer. Coach is now the second largest imported handbag and accessory brand, having tripled its sales over the last three years. The company expects sales to more than double during the next four years to over 80 billion yen by FY09.
Coach also announced that it is strengthening its leadership team at Coach ...