All you need to know is REED KRAKOFF PRESIDENT, EXECUTIVE CREATIVE DIRECTOR
Michelle Obama's Inauguration Dress was designed by Krakoff and other celebs are wear his items. Coach is adding shoe they could easily add more from Krakoff. Michelle tapped to designers Kors and Krakoff.
Also expect Coach Inc to announce dividends near-term; probably this week. Then the usual run to the ex-div date.
If WB, KI, or any other big investor comes in back in the $60's in no time. Coach is not dead, just a little slow on changes, let Reed Krakoff move the bar forward.
For President Barack Obama’s official swearing-in at the White House, the first lady wore a blue dress by Reed Krakoff in a shape that she often favors, form fitting on the bodice with a slight flare on the skirt and a hem that dips just below the knee. The dress has an abstracted print and over it, she wore what has become one of her signature styles, a cardigan. Krakoff is responsible for the amazing rise of the American label Coach.