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Coach Is An American New York Based Company Essay

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Coach is an American New York based company competing in the clothing sector of the consumer goods industry. Its products include leather goods for both men and women. Through exceptional customer service the company maintains and builds a loyal and dependable clientele. Unique designs and branding has distinguished the company from its peers. Peers include but not limited to L Brands Incorporated, PVH Corp., Ralph Lauren Corp., Tiffany & Co., VF Corp., Estee Lauder Incorporated, Kate Spade & Co., Abercrombie & Fitch and Michael Kors Holdings Limited. From fragrances, sunglasses, outerwear, travel bags, men’s belts, wallets and gloves the company has strategically remained relevant in the market place. Coach has been profoundly involved in increasing its global presence in the Asian markets.

Coach experienced declining revenues in 2014-2015 after sluggish brand value. The company abandoned the strategy of discounting after customer demand for promotional products deterred interests in paying full price. Coach made a marketing correction and removed discounting in an effort to increase product appeal. In May 2015, Coach acquired Stuart Weitzman, a leading designer and manufacturer of women 's luxury footwear. Similar to Coach, it is a brand built on offering innovation, relevance, and value to a loyal customer base, and is known for its craftsmanship and quality – merging fashion and function. Coach has a very limited number of men products which weakens the company’s

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