For fiscal year 2015 performance, Coach VictorLuis CEO, said: “Last year, a comprehensive plan to revitalize the brand and the development of business in the fourth quarter and full year performance has made progress and made the implementation of these strategic initiatives. They were in line with expectations. ”
It is from the LVMH Group’s Spanish brand Loewe leather goods and high fashion StuartVever hired as its executive creative director, who worked in Mulberry, BottegaVeneta, Givenchy and other brands LouisVuitton work, Luis indicate fiscal 2015 Coach has been successful in multi-channel distribution network introducing StuartVevers design of products.
Meanwhile, Coach in this year to $ 574 million acquisition of the design and manufacture of luxury brand shoes StuartWeitzman from private equity firm SycamorePartners hands, Luis said it was Coach “an important step to take the multi-brand enterprises, expected that the company will add a new the growth momentum. “