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Coach Inc (COH.N)

COH.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Omega Advisors dissolves stake in Citigroup, takes stake in Time Inc
Monday, 14 Nov 2016 11:00am EST 

Omega Advisors : dissolves share stake in Citigroup Inc - SEC filing . dissolves share stake in Canadian Pacific Railway . Change in holdings are as of September 30, 2016 and compared with the previous quarter ended as of June 30, 2016 . dissolves share stake in Coach inc .takes 903,500 share stake in Time Inc.  Full Article

Coach Inc CEO Victor Luis' 2016 total compensation was $9.9 million versus $8.5 million in 2015
Friday, 30 Sep 2016 04:44pm EDT 

Coach Inc :CEO Victor Luis' 2016 total compensation was $9.9 million versus $8.5 million in 2015 - SEC filing.  Full Article

Coach says Andrea Resnick appointed interim CFO
Monday, 22 Aug 2016 04:32pm EDT 

Coach Inc : Says Andrea Shaw Resnick appointed interim cfo .Resnick most recently served as company's global head of investor relations and corporate communications - SEC filing.  Full Article

Coach sees FY 2017 positive low single-digit comp sales for Coach brand in North America - conf call
Tuesday, 9 Aug 2016 07:13am EDT 

: Coach CEO - To focus on raising brand awareness globally through rollout of flagships, continue to renovate existing store base in FY 2017 - conf call . Coach CEO - "No doubt" that challenges existing today affecting the category in specific, consumer spending in general will persist in FY 2017 - conf call . Coach executive - In FY 2017, expect Coach brand directly operated square footage to be up low single digits globally - conf call . Coach CEO says experienced relative softness in France in the quarter, impacted by weak tourist traffic - conf call . Coach executive - FY 2017 revenue guidance assumes positive low single digit comp sales for the Coach brand in North America for the year - conf call Further company coverage: [COH.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Stuart Weitzman Holdings names Giovanni Morelli creative director
Tuesday, 9 Aug 2016 06:45am EDT 

Stuart Weitzman Holdings LLC:Announced appointment of Giovanni Morelli, as creative director; Morelli to succeed Stuart Weitzman who will be chairman.  Full Article

Coach Inc Q4 EPS $0.29
Tuesday, 9 Aug 2016 06:45am EDT 

Coach Inc : Q4 non-gaap earnings per share $0.45 . Q4 earnings per share view $0.41 -- Thomson Reuters I/B/E/S . Q4 sales $1.15 billion versus i/b/e/s view $1.17 billion . Coach, inc. Reports fiscal 2016 fourth quarter and full year results; drives growth across key financial metrics . Q4 earnings per share $0.29 . Qtrly total north american coach brand sales increased 9% on both a reported and constant currency basis to $606 million . Inventories as of july 2 was $459.2 million . Sees fiscal 2017 revenue rise by low-to-mid single digits, including expected benefit from foreign currency of approximately 100-150 basis points . Net sales for coach brand totaled $1.07 billion for fourth fiscal quarter, an increase of 11% on a reported and constant currency basis . Expects revenues for fiscal 2017 to increase by low-to-mid single digits . Qtrly international coach brand sales rose 15% to $450 million on reported basis from $392 million last year, 13% on a constant currency basis . Initiating an operating margin forecast for coach, inc. Of between 18.5-19.0% for fiscal 2017 . Qtrly greater china sales increased 5% in dollars on a 13-week basis . Total north american comparable store sales increased 2% on a 13-week versus 13-week basis . Fy2016 earnings per share view $1.93, revenue view $4.50 billion -- Thomson Reuters I/B/E/S.  Full Article

Coach says announces sale of interest in 10 Hudson Yards
Monday, 1 Aug 2016 05:53pm EDT 

Coach Inc : Coach Inc announces sale of its interest in 10 Hudson Yards . Says announced sale-leaseback of its global headquarters at 10 Hudson Yards in New York City . Says has simultaneously entered into a 20-year lease for the headquarters space . Purchase price of approximately $707 million .Deal for $707 million.  Full Article

Coach appoints Wendy Kahn as CEO and brand president of Stuart Weitzman
Thursday, 14 Jul 2016 06:45am EDT 

Coach Inc : Coach, Inc. appoints Wendy Kahn as Chief Executive Officer and Brand President of Stuart Weitzman . Coach Inc says Kahn will succeed Wayne Kulkin, brand's current Chief Executive Officer . Coach Inc - Kahn joins Coach from Valentino Fashion Group S.P.A., where she currently holds position of CEO of Valentino, USA and V.F.G., USA & Canada .Coach Inc says Wayne Kulkin will become a consultant to Coach Inc.  Full Article

Ralph Lauren names Jane Nielsen chief financial officer
Thursday, 9 Jun 2016 05:15pm EDT 

Ralph Lauren Corp : Names Jane Nielsen chief financial officer . Jeffrey Kuster has been named group president for Americas. . Ralph Lauren Corp says Robert Madore will remain with Ralph Lauren through September 30, 2016 to facilitate a seamless CFO transition . In addition to all finance functions, Nielsen will oversee store operations, procurement, IT, and investor relations . Jane Nielsen's appointment is effective September 6, 2016 .Nielsen was most recently at Coach Inc, where she was executive vice president and chief financial officer.  Full Article

Coach sets quarterly cash dividend of $0.3375/shr
Wednesday, 18 May 2016 06:45am EDT 

Coach Inc :Sets quarterly cash dividend of $0.3375per share.  Full Article

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Burberry rejects multiple takeover offers from Coach: Financial Times

British luxury fashion brand Burberry has rejected multiple takeover offers from U.S. handbag maker Coach Inc , the Financial Times reported on Sunday.