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?
You don't even need a voucher, I purchased my wife a Coach bag last year, sorry but she is still conservative old school, and mentioned to the salesperson that I tried to get the voucher from Facebook but never got the reply to print it out. (A lie and the voucher period expired) She spoke to her manager and said that she would give me the discount. COH is turning into a Bed Bath and Beyond with their coupons and deals, nobody will pay full price anymore for their products
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.