Introduction Coach is a publicly traded organization that has built its reputation on constructing quality and durable handbags and accessories Coach is an organization that represents stability and permanence performance driven and consistently seeking new ways to improve weak areas of the ID: 568587
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Slide1
Coach Inc. (COM)Slide2
Introduction
Coach is a publicly traded organization that has built its reputation on constructing quality and durable handbags and accessories. Coach is an organization that represents stability and permanence, performance driven, and consistently seeking new ways to improve weak areas of their business structure. Coach has been in existence for 73 years, a company demonstrating aggressiveness and longevity. Because we live in a competitive society, having the ability to embrace change and remain competitive is the foundation of remaining an industry leader. Coach exemplifies all these aspects.Slide3Slide4
Coach (COH) History
Established
in
194
1 as a family-run workshop in a Manhattan Loft
1946
Miles Cahn joins the Company
1950 Miles runs factory for owners1960 the addition of cowhide purses to the production process and the invention of Coach trademark and the buyout in 1961Late 1970’s and Early 1980’s The company began direct marketing by starting a mail-order business and the opening up the first specialty store1985 The sell of Coach Inc., to Sara Lee Corporation for 30 million and expansion of the product line
1988 The company begins expanding internationally in England and Japan1989 Sales reach 100 million, five times more than 19851992 Addition of outerwear and luggage to product line1999 The company enters into e-commerce2000 Coach becomes a publicly traded organization2004 Coach exceeds 1 billion in Sales2008 Coach begins a major expansion into China
www.Business
Essentials.comSlide5
Company Profile
Coach Inc,
a marketer
and a
Global leader
of
high-quality accessories
, is currently transforming and reorganizing Coach to become more aggressive in the selling of apparel, and a global lifestyle organization, because of the importance of staying competitive, and to adapt to consumer preferences. Coach is an organization that has no limits “Coach Distribution strategy is multi-channel. “As of July 2013, there were over 500 coach stores in
North America, over 400 directly operated locations in Asia, and 20 in Europe. Coach also operates e-commerce websites in the United States,
Canada,
Japan
, and
China
with
informational websites
in over
20
other
countries
. Coach has built a strong presence globally through Coach Boutiques located within select department stores and specialty retailer locations in
North America
, and through
distributor- operated shops
in
Asia
,
Latin America
, the
Middle East
,
Australia
, and
Europe
.”
Coach Operations are mainly through third party vendors and independent contractors to sustain their enormous clientele and uphold efficiency.Slide6
Mission Statement
“Coach seeks to be the leading brand of quality lifestyle accessories offering classic, modern American styling”Slide7
Values
The
Brand is Our Touchstone
Customer Satisfaction is Paramount
Integrity is Our Way of Life
Innovation Drives Winning Performance
Our Success Depends on CollaborationSlide8
SWOT
Internal Origin
(attributes of the
Organization)
External Origin
(attributes of the
environment)
(Slide9
Revenue
www.Hoovers
. comSlide10
Coach of New York
www.coach.comSlide11
Employee Relations
In the Coach environment, all departments work together interdependently towards the same goal.
“It has always been our
belief
that the
Coach Brand
is driven by the power of our people:
Strong, talented and dedicated employees who share our vision, believe our brand, strive for excellence, bring sense of pride
and ownership to their work, and embrace the qualities we value at Coach: Passion, Tenacity, Optimism, Inquisitiveness, Flexibility, Collaboration, A focus on winning performance, A belief in the boundless opportunities of Coach”Currently, 18000 employees globally.Slide12
Executive Officers
Executive Chairman
Chief Executive Officer
www. Coach.comSlide13
Management StructureSlide14
Handbag and Apparel
www.coach.comSlide15
Competitors
Dooney
& Bourke
Kate Spade
Michael
KorsSlide16
Competitor Analysis
Debt Ratio
Interest CoverageSlide17
Competitor Analysis
Current Ratio
Net Receivable TurnoverSlide18
Competitors Analysis
Gross Profit Margin
Price Earnings Per ShareSlide19
Competitor Analysis
Inventory Turnover
Operating Profit MarginSlide20
Women and Men SunglassesSlide21
State of Industry
The economy is currently stable but consumer confidence is still below average.
“If you are an owner of Coach, you’re working with a company very good at innovating and understanding their customer and doing research around who their customer is, “said Leah
Endalkatchew
, an analysts at Ariel investments, which purchased more than a half-million shares of Coach in February despite the company’s poor second-quarter results ‘Coach has done a really good job of expanding its brand internationally, and there’s still a lot of growth left to gain,’ she added.”
www.Morningstar
Market Price $44.65 5/1/2014Slide22
Men’s Wallet and WatchSlide23
Women’s Perfume and Travel BagSlide24
Conclusion and Recommendations
Coach has been in existence for 73 years representing integrity, longevity and stamina. After conducting an extensive research paper on Coach Inc, and a business analysis, Coach has a reputation for excellence in their industry. Because we live in a competitive society, having the ability to embrace change and remain competitive is the foundation of remaining an industry leader. Coach is an organization that is governed around principles, philosophies, rules and regulations that direct their operations. Coach developed these guidelines because of the importance of informing their employees, suppliers, and joint partners of who they represent as an organization, their goals and mission of Coach as an Organization. In my opinion, after taking numerous business courses and gaining knowledge of what it takes to be a successful and competitive organization, Coach represents a company that possesses these features, a reputable, competitive, and successful organization, therefore, no recommendations is necessary.Slide25
References
www.
coach
.com/
managementparadise.com
en.wikipedia.org
www.coach.com/international