Coach thinks outside the bag

01/23/2013 | Women's Wear Daily (subscription required) · Reuters

Coach reported slower holidays and a 2% drop in same-store sales in North America, driven by growing competition in the designer bag market that fueled deeper discounting. The luxury brand has a plan to kick things back into growth mode, starting with a relaunch of 170 in-store shoe departments and expanding the strategy to include men's and women's apparel, watches and jewelry, the company said.

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Women's Wear Daily (subscription required) · Reuters

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