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.

Related posts:
  1. LVMH’s China Strategy Louis Vuitton is teaming up with Soundwalk to produce a series of audio tours through Beijing, Hong Kong, and Shanghai....
  2. Asia drives IBM sales  IBM reported its Q1 results last night and fooled the Wall Street crowd into believing that business is great. I...
  3. 5 most expensive Asian cities For the first time in history, it costs more to live in Beijing than New York City. According to Mercer’s...

{ 0 comments… add one now }

Leave a Comment

You can use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

I agree to the Terms and Conditions of this blog.

Previous post: End of family fued spells opportunity

Next post: Macau GDP jumps by 31.6%