花辨直播官方版_花辨直播平台官方app下载_花辨直播免费版app下载

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Coach takes road of success with sales growth

By WANG ZHUOQIONG | chinadaily.com.cn | Updated: 2013-07-31 16:23

The New York-based design brand Coach Inc registered strong growth in China last year, according to its latest financial report.

During the fiscal year of 2013, Coach's net sales rose 7 percent to $5.08 billion from $4.76 billion the prior fiscal year.

Its net income increased 3 percent to $1.07 billion and diluted earnings per share rose 6 percent to $3.73.

Coach's China results were robust, with sales growing 40 percent to $430 million and comparable store sales rising at double digits.

The company recorded strong growth in men's accessories.

For the fourth quarter of the fiscal year, China results continued to be strong, with sales growing 35 percent and comparable store sales rising at double-digit rates.

Coach opened 8 locations on the Chinese mainland during the fourth fiscal quarter, bringing the total store count to 126.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US