The Pain May Not Be Over For Coach Yet

Given the overwhelming dependence of Coach's business on its operations in North America, the significant decline in North American sales was enough to offset the gains made by Coach in its men's, footwear, and some international geographies. For the quarter, international sales increased by 4% on a constant currency basis, with China sales growing at 10% for the quarter (constant currency basis). North America contributes around two-thirds of Coach's sales, and the company has been losing marke...