Every girl I know owns a coach bag but it now looks like the reign of Coach is crumbling to the competition. Brands like Tory Burch and Michael Kors are taking away away the once strong presence of Coach. Competition is touch these days and it looks like Coach is folding under the pressure. Sales are down and Coach doesn’t quite know how to recoup the losses. Opening of many Coach outlets are said to be blamed for the decline in sales. If you could get a brand name discounted wouldn’t you make a purchase.
It will be interesting to see what this Iconic brand does to pick up market share.