“We will deliver the blend of magic and logic that make our brand and business distinctive,” said ... [+] Todd Kahn, Coach CEO and brand president. In a nutshell, Cowen’s retail and luxury leader Oliver Chen sums up Tapestry’s momentum, which goes double for Coach. After less than a year of implementing the program, Crevoiserat is confident the company has the foundation to keep accelerating improvements across the board. We will focus on authentic communications that are grounded in our values and embody the courageous spirit of New York City.”That is a back-to-basics turnaround for the Coach brand, which strayed from its historic and accessible luxury roots. “We remain confident that Coach brand momentum and product execution can continue,” Cowen’s Chen wrote.

Source: Forbes May 09, 2021 09:00 UTC