Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Coach loves Asia

by Tony Sagami on May 30, 2008

in Asian Market, Stock Market in China

Business is so strong in China and Hong that Coach is
buying
out the Chinese company
that sells its handbags in Asia. Since Coach gets 25% of its sales from Asia, I think this is a great move.

I do see a lot of Coach bags in Asia, but just a fraction of the number of Louis Vuitton bags. I see more LVMH bags
in Beijing than I do any city in the U.S.

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