People Still Buying Accessories, But Not At Coach (COH)

The Talented Blonde reports that accessories such as handbags are still selling, but just not at Coach (NYSE: COH). The Talented Blonde, who in her previous life, a former consumer desk analyst at Lehman, says Coach is becoming too mainstream. People who want luxury, prefer exclusivity, and with COH appealing to the masses, it has damaged the Coach\'s luxurious brand.

Coach is currently trading at $32 just above its 52-week low of $30.52.
JR

You May Also Be Interested In

• Advance Auto Parts (AAP) PT Lowered to $48 at DA Davidson Following 25% Selloff Post Q2 Results
• Viking Holdings (VIK) PT Raised to $82 at Mizuho
• Ferrovial SA (FER:SM) (FRRVF) Reiterated at Buy by UBS on Winning Bid For Tennessee Project