Coach’s earnings decline is par for the course amidst a brand pivot

Happy to share that Jessica Schiffer, reporter at Glossy went live with her article around Coach’s earnings, including Jim Fosina commentary. See below.

 

  • Coach’s earnings decline is par for the course amidst a brand pivot
    • “What we’re watching at this point is a course correction by the Coach brand, which is actually healthy from a brand longevity and relevance standpoint,” said Fosina. “It’s clear Coach understands that the brick-and-mortar retail store shelf-stocking model is not the one that will be most relevant in the years ahead.”
    • It can capitalize on its younger buyers, further introducing them to the Coach brand and style when the time is right, according to Fosina. “The company’s offering would then span the full demographic of buyers for luxury bags, at a variety of price points,” he said.