Thursday, August 2, 2012
Coach hurt by soft sales in North America
Upscale leather goods maker Coach Inc reported another quarter of slowing growth in North America, its top market, hurt by the deals it needed to offer price-conscious shoppers to get them into its outlet stores. Coach's Madison collection / Photo: CoachSales at North American stores open at least a year rose 1.7 percent during the quarter that ended June 30, well below what Wall Street was expecting and the pace of preceding quarters. Coach has for years benefited from the appetite for
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