Months after Coach went on a shopping spree, picking up rival Kate Spade for $2.4 billion, the company has changed its name to Tapestry. [More]
coach
Coach Goes Shopping, Picks Up Stylish Rival Kate Spade For $2.4B
Just months after Coach began to see promising results from pursuing wealthier customers and selling more high-end bags, the accessories company is ready to reward itself with a little something: rival handbag and accessory brand Kate Spade. [More]
Report: Coach, Burberry Not Actively Discussing A Merger, Despite Rumors
Though rumors have been swirling that luxury brands Burberry and Coach are considering a merger — leading to a spike in both companies’ stock prices — inside sources say there aren’t any active discussions happening between the two companies at the moment. [More]
Coach Will Close 250 Of Its North American Department Store Locations
Much like its fellow luxury retail brands, Coach has been trying to turn around its struggling business in recent years. Today, the company said its efforts have actually paid off, and that sales are picking up. But despite that, Coach says it’s time to cut loose about 25% of its department store locations in North America, so it can continue to climb its way back up the retail ladder. [More]
Nine States Expand Probe Into On-Call Scheduling, 15 More Retailers In The Hot Seat
With the help of seven other states and the District of Columbia, New York is expanding the probe into on-call scheduling in the retail world, sending letters to 15 more retailers asking them about their use of the practice. [More]
Coach Store Employee Claims She Was Fired For Gaining 100 Pounds
A person of any size can look good while holding a purse, but the upscale accessory seller Coach has an image to uphold. Is that the reason why they fired a retail store manager who gained 100 pounds in the decade that she worked for the company? The former manager thinks so, and is suing the company, but the retailer says that the real reason for her firing involved her performance. [More]
Coach Steps Up Its Shoe Game, Buys Footwear Brand Stuart Weitzman For $530M
There are just way too many puns to be made about buying a shoe company so let’s get them out of the way now: The shoe apparently fits just right for Coach, which announced its stepping up its footwear game by shelling out $530 million to buy its very own brand, Stuart Weitzman Holdings LLC. [More]
NYC’s Monopolistic Hop-On, Hop-Off Tour Bus Companies To Pay Back $19M To Tourists
Sometimes working together is better than going it alone. That is, unless you collude with your competition to form a monopoly. In which case you’re probably going to slapped with lawsuits, and a hefty fine. Such was the case for a group of tour bus companies in New York City that have agreed to pay $19 million to settle antitrust claims. [More]
Coach Responds To Falling Profits By Offering Pricier Handbags
There’s a limited number of women who are interested in spending between $200 and $400 for a purse, and that market is becoming more crowded. What’s a company like Coach to do in the face of falling sales and falling profits? Sell more expensive bags targeted at more affluent customers, of course. [More]
27 Major Companies That Are Worth Less Than WhatsApp
Just how big of a deal is the $19 billion WhatsApp is getting from Facebook in the acquisition announced yesterday? It’s a pretty freaking big deal — especially when you consider that there are a whole lot of major companies –including many that produce physical goods you can reach out and touch — that have been around longer than WhatsApp and are worth a lot less. [More]
Whaddya Know? Doing The Right Thing Results In $50 Coach Gift Certificate
There are so many things to be disappointed in out there — people stealing from people, delivery drivers stealing from customers, companies turning a blind eye and deaf ear to the woes of the very people they want business from. That’s why Consumerist reader Jason was happy to report to us that not only did he and his wife have the satisfaction of helping their fellow shoppers out, but their good deed didn’t go unnoticed by a grateful retailer. [More]
Airlines Want Air Marshals To Stop Flying First Class
The airlines are fed up with with seeing armed air marshals taking up free seats in first class. A trade group representing the major U.S. carriers has asked the Federal Air Marshals Service to consider putting their agents in coach. [More]
Walmart Wins: Top 10 Most Valuable Retail Brands
Interbrand Design Forum– part of a global brand consulting firm– has ranked the top retail brands and guess what? Walmart is most valuable. [More]
Big Airlines Cramming Even More Seats Into Coach
If you’re looking for the most legroom, look to the low fare carriers because the big airlines are cramming more and more seats into coach, says the WSJ.
United: Move To An Empty Row For Only $156
Reader Matt is annoyed with United Airlines. On a flight from Minneapolis to Denver the passengers were crammed into coach — but there were entire unsold rows in the “$39 extra” section.
United Airlines Offers Drinks To "The Idiots In Coach"
Reader Nicholas likes to listen to the cockpit channel while flying, because he says it calms his nerves. The flight attendants must have assumed that no one was turned to that station (or that they weren’t being broadcast on it), because Nicholas says he heard one of them refer to the passengers in the coach cabin as “idiots.” Whoops.
Backlash: United Drops Plan To Ax Hot Meals On International Flights
United Airlines said it would listen to feedback from customers about its proposed plan to ax hot meals for coach passengers on international flights… and it did. The company has decided not to go ahead with the plan. Reader Jason forwarded us the following email from Graham Atkinson, United’s Chief Customer Officer.