Feb 27 Coach Inc said on Wednesday it has hired a former Nike Inc executive to oversee the transformation of its stores as it moves further into segments where the leather goods maker is a relatively small player, such as shoes and clothing.
Zach Augustine, previously a global creative director at Nike, will report to Coach President Reed Krakoff in this newly created role and begin March 11. He will be in charge of the visual presentation inside Coach stores and their architecture.
Last month, Coach reported weak holiday quarter sales and announced a new strategy that includes elaborate "shoe salons" and a fancier presentation of its wares.
One dead in ENI Congo oil platform fire
BRAZZAVILLE, Dec 3 One person was killed in a fire on an oil platform operated by ENI Congo off the coast of the Congo Republic city of Pointe-Noire, the government said.
Aixtron, Fujian to explore what is left of deal after U.S. veto
FRANKFURT, Dec 3 German semiconductor equipment maker Aixtron will explore with its Chinese suitor what can be salvaged of the planned takeover after a U.S. presidential order ruled the deal posed a national security risk, the company said on Saturday.