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nd 4) a major change in Coach's executive/creative management.
However, Coach has a number of strengths that offset these risks: 1) a strong brand, 2) growth opportunities in their men's business, international expansion, and their strategy of growing into a global lifestyle brand, 3) solid financial strength, and 4) low business valuation compared with the company's average P/E ratio for the past 10 years, and compared to the average current P/E ratio
cheap Ray Ban Clubmaster RB2428 Sunglasses Black Frame Transparent Lens of other luxury goods companies. The problems plaguing Coach today are temporary in nature, and have caused its shares to be priced cheap Ray Ban Jackie Ohh RB4101 Sunglasses Brown Frame Crystal Brown Gradient Lens at an attractive valuation for a potentially lucrative long term investment.
Competition (And Other Threats)Michael Kors (KORS) is considered to be Coach's
cheap Ray Ban Active Lifestyle RB1065 Sunglasses Frame Brown Lens Deep Brown biggest threat, and is also one of
cheap Ray Ban Jackie Ohh RB4101 Sunglasses Gold Frame Crystal Brown Gradient Lens the primary reason for Coach's lagging stock price. While Coach's North American sales have declined 1% with a same store sales decrease of 6.8% cheap Ray Ban Jackie Ohh RB136 Sunglasses Black Frame during the past quarter, Kors' parallel sales in the same market increased 31% with a same store sales increase of 21%. This wouldn't be such a big deal if Kors was just some company making a few million dollars in annual sales. On the contrary, Kors reported net sales of $2.18 Billion on March of 2013 compared with Coach's reported net sales of $5.08 Billion on June
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