Coach sales are slowing due to the following reasons. 1. Economy slowing. 2. Aggresive Coach store openings cannnibalizing department store sales. 3. Saturation of the product line is contributing to loss of market share.
I am not saying that this is not a good company, what I am saying is that sales will not be what they once were. All retail related stocks are going to have a tough time going forward. I believe the housing/lending debacle has yet to play out.