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: Coach Q1 Profit Soars 70 Per Cent, Lifts Outlook
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Leonie's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- Still no apparel sourcing alternatives to China
- Honduras sets sights on hike in activewear exports
- Digitisation – The next apparel sourcing hotspot?
- How the apparel sourcing landscape is changing
- Consolidation of the international apparel trade
News
- How Lidl is making money on new fashion range
- Brands urged to set supply chain climate targets
- Inditex, H&M, Adidas in top European supply chains
- Outdoor brands help tackle microplastic pollution
- Recycled fibre fabric has a cotton/viscose feel
Market research
- adidas Group in Apparel and Footwear (World)
- Global apparel markets: business update, August 2017
- Global market review of denim and jeanswear – forecasts to 2022
- Performance apparel markets: product developments and innovations, July 2017
- World textile and apparel trade and production trends: Egypt, Morocco, Tunisia and Turkey, June 2017
