Coach’s bet on footwear fails to pay off
24/01/2014
Leathergoods brand Coach’s new focus on footwear failed to buoy its declining figures with the US brand reporting a 13.6% drop in US sales in the second quarter. The company turned to footwear in the first half of 2013 to “reinforce its fashion credibility” after disappointing sales of handbags, and despite the overall decline, footwear showed...