Coach
Headquarters: 516 West 34th Street
New York, NY 10001
Employees: 10,100
CEO: Victor Luis
Website: http://www.coach.com
Stock Symbol: COH
Career Page
Coach is one of America's top designers, producers, and marketers of fine accessories and gifts for women and men including handbags, business cases, luggage and travel accessories, wallets, outerwear, eyewear, gloves, scarves and fine jewelry. Continued development of new categories has further established the signature style and distinctive identity of the Coach brand.
The company is best known for its high-quality leather handbags.
Together with its licensing partners, the company also offers watches, footwear, and office furniture bearing the Coach brand name.
Coach acquired shoe maker Stuart Weitzman in 2015 for $574 million.
Coach has 462 total stores in North America with 196 locations in Japan and 171 in China. The company also operated 102 stores in other parts of Asia and 34 in Europe along wtih 54 Stuart Weitzman stores.
The company has closed up to 70 locations in North America over the past year.
In fiscal 2014, Coach reported sales of $4.19 billion, down 13% from the previous year. Net income was $402 million. North American sales were down 20% for the year while international sales declined 1%.
History
Coach was founded in 1941 as a family-run workshop in a Manhattan loft. Six artisans handcrafted a collection of high-quality leathergoods using skills passed down from generation to generation. Discerning consumers soon began to seek out the high standards of Coach workmanship.
The founder of Coach was first inspired by a baseball glove when he saw its distinctive markings and how supple it became with use. After refining it, making it softer and stronger, he created Coach's first handbag. Since then, innovations in leather finishes, new grains and colors, and modern materials continue to fascinate us. But this glove-tanned leather remains a Coach tradition. And it still burnishes as beautifully as it did back when Babe Ruth played baseball.
Coach was acquired by the Sara Lee Corporation in 1985.
In 1999, Coach launched its on-line store at www.coach.com.
The company went public in 2000 after being spun off from Sara Lee.
Benefits
Coach offers excellent career growth opportunities, competitive salaries and great benefits within a dynamic work environment.
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