COH is offering 25% off NEW ARRIVAL PRODUCTS and all one must do is go to the Coach Facebook page and click to download the voucher. It is attracting a ton of visitors, and Coach has seen a surge in "likes" the past few days since the offering. This smells of desperation. Some firm is kicking their rear-ends... I wonder who?
Desperation, hard to say. Coach has always thrown around these 25% coupons in various ways
and their sales are at least holding steady. Making good money because they produce their own
goods just like MK.
I would guess they don't have to do this so much in Asia.......?
What do ya think, $65 in two weeks..................
I'm not sure before earnings, as I have said I am surprised & pleased we are this high before earnings & I say this in all sincerity, I am expecting 70's a week after earnings, KORS is very undervalued & a blowout quarter & positive future guidance will point this out.