Coach’s growth in China surges 25 per­cent

China Daily (Canada) - - NEWSCAPSULE -

Coach Inc, the New York­based fash­ion brand, ex­pe­ri­enced a 25 per­cent year-onyear sales growth in China in the sec­ond fis­cal quar­ter that ended on Dec 28, while sales in North Amer­ica de­creased by 9 per­cent.

The brand’s to­tal sales were $ 1.42 bil­lion, a 6 per­cent de­crease com­pared with the same pe­riod in 2012, ac­cord­ing to Coach’s earn­ing re­port..

For the six months that ended on Dec 28, Coach’s net sales were $2.57 bil­lion, 4 per­cent down com­pared with the first six months of fis­cal 2013, ac­cord­ing to the re­port.

The sales drop was at­trib­uted to weak­ness in the North Amer­i­can mar­ket. (Photo 1)

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