Coach heads east

01/02/2008
Recognising the fast-paced rise in consumer spending in Eastern Europe, American luxury footwear and accessories brand Coach is to enter the Russian market through a new distribution deal with domestic company Jamilco.

Under the new partnership, the company plans to open 15 retail outlets in the first five years, initially concentrating on Moscow and St. Petersburg, with the first free-standing store expected to open in Moscow this April.