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USA: Coach Names Kathy Nedorostek US Wholesale President just-style.com | 10 Jan 03

Leading marketer of luxury leather goods Coach Inc on Thursday announced the appointment of Kathy Nedorostek to the role of president, US wholesale division.


USA: Coach Q2 Sales Surge 31%, Lifts Earnings Outlook just-style.com | 8 Jan 03

Leading marketer of luxury leather goods, Coach Inc, on Wednesday posted a big jump in second quarter sales and lifted its earnings forecast as it continued to enjoy strong global sales. The New York-based company said second quarter sales surged 30.9 per cent to $308.5 million from $235.8m in the year-ago period and added it now expects second quarter earnings per share of at least 65 cents.


USA: Coach Names Mike Tucci US Retail President just-style.com | 19 Dec 02

Leading marketer of luxury leather goods Coach Inc on Wednesday said it had appointed a former executive of apparel giant Gap Inc as president of its North American retail division. The New York-based firm said in a press release that Mike Tucci, who had been executive vice president at Gap Direct, would take up his new role next month when he replaces Dave DeMattei who is leaving to pursue other opportunities.


JAPAN: Mini-Super-Rich Are A Hot Market For Fashion just-style.com | 12 Nov 02

Hidden behind Japan's relentlessly gloomy economic headlines is a marketing paradox - a boom in sales for high-end and imported luxury and fashion brands.


USA: Coach to Open Second Japan Flagship Store just-style.com | 12 Nov 02

Coach, the US footwear and leathergoods brand, is to open a second flagship store in Japan, located in the Shibuya section of Tokyo. The Coach store will be located on Inokashira-dori, a central point within one of Japan's busiest shopping districts, and is expected to open in the spring of 2003.


USA: Coach Q1 Profit Soars 70 Per Cent, Lifts Outlook just-style.com | 22 Oct 02

Leading marketer of luxury leather goods, Coach Inc, on Tuesday lifted its full-year outlook after reporting a better-than-expected 70 per cent year-on-year leap in first quarter net profit amid surging sales and improved margins. The New York-based company posted a profit of $22.5 million, or 24 cents per share, for the quarter ended September 28, compared to $12.5m or 14 cents per share, in 2001. Sales shot up 28 per cent to $192.8m from $150.7m.


USA: Former Football Coach Named XDOGS Special Advisor just-style.com | 4 Oct 02

Clothing distributor XDOGS has appointed former Dallas Cowboys coach Barry Switzer as special advisor to the board of directors. Switzer, who served as the Cowboy's head coach during the 1994-1997 football seasons, will assist Minneapolis-based XDOGS with its merger with college clothing firm bigTime Sports Apparel Inc.


USA: Coach Chairman's Bonus Up 42 Per Cent As Targets Hit just-style.com | 4 Oct 02

Achieving all the performance goals under his fiscal 2002 bonus plan helped Coach Inc chairman and chief executive Lew Frankfort boost his bonus 42 per cent from the previous year to $942,100.


USA: Coach Sees Higher Q1 Sales, Earnings just-style.com | 3 Sep 02

Leading marketer of luxury leather goods Coach Inc on Tuesday revealed its first quarter results to date are "tracking significantly ahead of plan" due to stronger sales of handbags and accessories. The New York-based firm now expects first quarter sales and earnings for the period ending September 28 to increase to $185 million to $190m and at least $0.21 per diluted share, respectively.


USA: Coach In Top Gear As Profits Surge 80 Per Cent just-style.com | 30 Jul 02

Leading marketer of luxury leather goods Coach Inc on Tuesday reported an 80 per cent surge in fourth quarter net profit to $16.6 million from $9.2m last year thanks to soaring sales of its handbags in the US and Japan. The New York-based company net sales for the period climbed 30 per cent to $171.4 million and for the full-year, net income rose 31 per cent to $88m before the impact of reorganisation charges related to factory closures in Florida and Puerto Rico.


USA: Coach Signs UK Distribution Deal, 25 Stores Planned just-style.com | 1 Jul 02

Leading marketer of modern classic American accessories, Coach Inc, said on Monay it had agreed a deal with Case London Ltd for the exclusive distribution of Coach products in the UK and Ireland. The three-year agreement will see Case London, a privately-held British retailer and distributor of fine accessories and luggage, open up to 25 Coach locations in the UK, with retail sales expected to total more than $20 million by 2005.


USA: Randall Rejoins Lillian Vernon As Executive VP just-style.com | 22 May 02

Richard P Randall is to rejoin catalogue and online retailer Lillian Vernon Corporation as executive vice president. He will also serve as chief operating officer and chief financial officer. Randall replaces Wayne Palladino, senior vice president and chief financial officer who will be leaving the company on 31 May 2002.


USA: Coach Names Monda President And COO just-style.com | 9 May 02

Coach Inc has promoted Keith Monda to the position of president and chief operating officer. Mr Monda joined the classic American footwear and accessories marketer as executive vice president and chief operating officer in July 1998.


USA: Coach EPS Soar 88 Per Cent just-style.com | 23 Apr 02

Leathergoods and accessories designer Coach Inc today said earnings per share increased 88 per cent to $0.32 for its third fiscal quarter ended 30 March 2002, up from $0.17 a year ago. This substantial increase in earnings from the prior year's third quarter reflected a 29 per cent gain in net sales combined with operating margin improvement.


USA: Coach Names New Vice President Of Men's Design just-style.com | 2 Apr 02

Leading marketer of modern classic US accessories, Coach Inc, on Tuesday announced the appointment of Walker MacWilliam to vice president of Men's Design, effective immediately. In this new role, MacWilliam will be responsible for leading the design process from concept through execution for all products and specialty accessories in men's collections, watches and sunwear.


USA: Coach Shares Soar To Record High just-style.com | 28 Feb 02

Shares in luxury goods designer Coach Inc soared to a record high on Wednesday after the firm announced strong spring sales and said it expects earnings to beat city estimates. The New York-based company, famous for its leather handbags, belts and wallets, has seen its shares triple in value since it was spun off from Sara Lee Corp 18 months ago for $16 a share.


USA: Gary Loveman Joins Coach Board just-style.com | 6 Feb 02

Luxury goods firm Coach Inc has appointed Gary Loveman, president and chief operating officer of Harrah's Entertainment Inc, to its board of directors. Mr Loveman's appointment increases the board membership to seven. Before joining Harrah's in 1998, Mr. Loveman was associate professor of business administration at the Harvard University Graduate School of Business Administration. During his tenure he consulted for Harrah's, as well as American Airlines, Booz-Allen & Hamilton, Coopers & Lybrand, McDonald's and The Walt Disney Company, among others.


USA: Coach Enjoys A Strong Second Quarter just-style.com | 24 Jan 02

Luxury goods maker Coach Inc on Wednesday reported a 13 per cent rise in quarterly earnings and upped its sales outlook after surviving the choppy US holiday season without slashing prices and increased its sales in Japan. The New York-based handbags and small leather goods manufacturer posted net income for the second quarter to December 29 of $44.2 million, or 99 cents per diluted share, from $39.2m or 88 cents per share, in the same period last year.


JAPAN: Coach To Open Tokyo Flagship Store just-style.com | 18 Dec 01

Coach Inc's Japanese subsidiary is to open a Coach flagship store located in the Ginza section of Tokyo - one of the country's most prestigious shopping districts - in the summer of 2002. The store is consistent with the footwear and accessory brand's strategy of aggressively growing market share in Japan, and the company says it expects to open at least 15 locations in Japan in this fiscal year alone.


USA: 3-D Partnership Between Freeborders And Browzwear just-style.com | 14 Dec 01

Recognising the fact that online fit and design visibility can reduce the need for garment samples and cut development lead-time and costs, Freeborders, the provider of Collaborative Product Management (CPM) solutions for the global retail industry, and Browzwear Ltd, an expert in 3D modelling and design applications that provide virtual imaging capability to the apparel industry, have entered into a partnership that could help clothing companies reduce these overheads even further.


USA: Mothers Work CFO Moves To Coach just-style.com | 12 Nov 01

Luxury accessories marketer Coach Inc has recruited Michael F Devine, III as its senior vice president and chief financial officer, effective immediately. Mr Devine joins Coach from maternity apparel retailer Mother's Work Inc where he was executive vice president and chief financial officer, responsible for all financial activities, physical distribution, human resources, legal and worldwide logistics for the $450 million company.


USA: Fila Takes Legal Action Against Basketball Coach just-style.com | 25 Oct 01

Leading Italian sport apparel and footwear manufacturer, Fila, has filed a $1 million lawsuit against a basketball coach at a US university for alleged breach of contract. The company has launched legal proceedings against University of Michigan basketball coach Tommy Amaker, who signed a five-year, $1 million endorsement contract with Fila when he was head coach at Seton Hall in 1997.


BRAZIL: Ronaldo Denies Contract Clause Call-Up just-style.com | 5 Oct 01

Brazil soccer star Ronaldo has rubbished claims sports giant Nike will pull the plug on his lucrative sponsorship deal because of doubts about his fitness following a series of serious injuries. The Inter Milan star's contract with Nike contract contains a clause permitting the company to rescind if Ronaldo goes more than two years without playing for the national team.


Bobbin World's technology spotlight just-style.com | 3 Sep 01

Established alongside IMB in Cologne and JIAM in Japan as one of the three global exhibitions for apparel technology, the organisers of this year's Bobbin World could not help but be disappointed by a low visitor turnout. Unfortunate timing, which coincided with a backdrop of increased global competition, retail pressures, rising material costs and economic downturn meant that the show was a quiet affair, with technical innovations few and far between. Niki Tait and Leonie Barrie report.


USA: Ex-Boo Chief Buggeln To Join Coach just-style.com | 16 Mar 01

Kate Buggeln, the relaunched Boo’s recently departed president and CEO, has been appointed senior vice president of strategic marketing and new business development for upmarket leather retailer Coach. She will join the company March 30 and will report directly to chairman and CEO Lew Frankfort.


USA: Zephwear.com Introduces Logo-it Technology For Sport Shoes just-style.com | 15 Mar 01

Zephwear.com, manufacturer of athletic footwear for the children's and youth team sports market, has introduced the Logo-it online software system to its site, allowing customers to customise their shoes by labeling coloured insert cards that slide into the tongue flap on the shoe. After ordering their shoes online the customer receives a sheet of coloured labels with their purchase. Once they have these they can log on to the zephware website and design their own logos and text. These can then be downloaded to the customers computer and printed on to the labels.


USA: Coach Makes A Killing Over Xmas just-style.com | 11 Jan 01

Coach Inc, bucking the woes suffered by much of the rest of the retail industry, said strong sales over the holiday season will help it beat Wall Street's earnings estimates for its fiscal second quarter. The upscale leather retailer said it now expects to have earned 85 cents a share or more for the quarter that ended December 30, compared with a First Call/Thomson Financial consensus estimate of 77 cents a share. For the year earlier, the company reported pro-forma second-quarter earnings of 65 cents a share.


INDIA: Nike To Support Tennis Village just-style.com | 23 Nov 00

Nike announced yesterday that it is to support the NikeBhupathi tennis village in Bangalore, which, it is hoped, will produce a few tennis stars over the next few years. General manager (Southeast Asia) Satyen Patel told the Times of India that Nike will also be looking at sponsoring other sports in India, such as cricket.


Does teamwork work? just-style.com | 31 Oct 00

Countries such as Mauritius, Sri Lanka and Vietnam are showing an increasing interest in teamworking, and many factories in other parts of the world already claim to have implemented the practice. But what is 'teamwork', and are apparel manufacturers prepared for the corporate commitment needed to make it a success? Niki Tait finds out.


USA: Inventor Creates Odour Free Socks just-style.com | 16 Oct 00

Gang Sun, a textile chemist at the University of California, claims to have invented a technology that could be used to develop odourless sports socks. The same technology could be used to make hospital gowns that repel bacteria and viruses, he claimed.After use, the treated garments need only a machine wash with household chlorine bleach, to recharge the bacteria-killing capacity, he said.

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