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Coach Thinks Outside the Bag

COA.06.01.17.coachwall “In Europe they’d call this haute couture. The reality is that at $3,500, it’s a steal.” It still sounds steep, even for a high-end retailer like Coach (coh) ; after all, the average domestic sales price for one of the company’s famous handbags is only about $325. Then again, this jacket is a statement—a symbol of the strides Coach is making in reestablishing the brand’s upscale aura. Coach Link Strap Saddle Bag 23, Fall 2017. Photograph by Alex Fradkin for Fortune  The same goes for Luis’s surroundings: the company’s spanking-new three-story, 20,000-square-foot flagship on New York’s Fifth Avenue, dubbed “Coach House.” It’s a stone’s throw from Valentino, Gucci, and Harry Winston on the world’s most expensive shopping strip. The store is guarded by a กระเป๋าสะพายหลัง ผู้ชาย พร้อมส่ง ราคาถูก playful mascot, a 13-foot dinosaur called Rexy constructed out of 400 Coach bags. Luis greets store staff by name and happily shows off the shop’s monogramming counter and the wall display showcasing classic Coach bags going back to the 1940s. The CEO’s favorite design touch: the mosaic floor in the store’s elevator, depicting Coach’s horse-and-carriage logo. “I’ve always wanted the store to feel like it harkens back … to our founding and to the romantic days,” he says. Rexy, a dinosaur constructed out of 400 Coach bags, presides over the กระเป๋าเป้ ผู้หญิง ราคาถูก 199 Coach flagship store in NYC. Courtesy of Coach  Coming from Luis, that sentiment carries extra meaning. Since taking Coach’s reins in 2014, the 50-year-old executive has done what few retail CEOs have been able to do: tapped into his company’s successful past to help it compete in a difficult present.

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