Top Electric Utility Companies To Invest In 2015

Top Electric Utility Companies To Invest In 2015: Coach Inc (COH)

Coach, Inc. (Coach), incorporated in June 2000, is a marketer of fine accessories and gifts for women and men. Coach's product offerings include women's and men's bag, accessories, business cases, footwear, wearables, jewelry, sunwear, travel bags, watches and fragrance. The Company operates in two segments: Direct-to-Consumer and Indirect. Accessories include women's and men's small leather goods, novelty accessories and women's and men's belts. Women's small leather goods, which coordinate with its handbags, include money pieces, wristlets, and cosmetic cases. Men's small leather goods consist primarily of wallets and card cases. Novelty accessories include time management and electronic accessories. Key rings and charms are also included in this category. Men's handbag collections include business cases, computer bags, messenger-style bags and totes. Footwear is distributed through select Coach retail stores, coach.com and about 1,000 United States d epartment stores. Wearables category is comprised of jackets, sweaters, gloves, hats and scarves, including both cold weather and fashion.

The Company's Jewelry category is comprised of bangle bracelets, necklaces, rings and earrings offered in both sterling silver and non-precious metals. Marchon Eyewear, Inc. (Marchon) is the Coach's eyewear licensee. Coach sunglasses are sold in Coach retail stores and coach.com, department stores, select sunglass retailers and optical retailers in major markets. The travel collections are comprised of luggage and related accessories, such as travel kits and valet trays. Movado Group, Inc. (Movado) is the Company's watch licensee, which develops a collection of watches.

Estee Lauder Companies Inc. (Estee Lauder), through its subsidiary, Aramis Inc., is Coach's fragrance licensee. Fragrance i! s distributed through Coach retail stores, coach.com and about 4,000 United States department stores and 500 intern ational locations. Coach offers four women's fragrance col! lections and one men's fragrance. The women's fragrance collections include eau de perfume spray, eau de toilette spray, purse spray, body lotion and body splashes.

Direct-to-Consumer Segment

The Direct-to-Consumer segment consists of channels that provide the Company with immediate, controlled access to consumers: Coach-operated stores in North America; Japan; Hong Kong, Macau, and mainland China, Taiwan, Singapore and the Internet. This segment represented approximately 89% of Coach's total net sales during the fiscal year ended June 30, 2012 (fiscal 2012), with North American stores and the Internet, Coach Japan and Coach China contributing approximately 63%, 18% and 6% of total net sales, respectively. Coach stores are located in regional shopping centers and metropolitan areas throughout the United States and Canada. The retail stores carry an assortment of products. Its stores are located in locations, such as New York, Chicago, San Fra ncisco and Toronto.

Coach's factory stores serve as a means to sell manufactured-for-factory-store product, including factory exclusives, as well as discontinued and irregular inventory outside the retail channel. These stores operate under the Coach Factory name. Coach's factory store design, visual presentations and customer service levels support. Coach views its Website as a key communications vehicle for the brand to promote traffic in Coach retail stores and department store locations. Its online store provides a showcase environment where consumers can browse through a selected offering of the latest styles and colors.

Coach Japan operates department store shop-in-shop locations and freestanding flagship, retail and factory stores, as well as an e-commerce Website. Flagship stores offer an assortment of Coach products ! that are ! located in select shopping districts throughout Japan. Coach China operates department store shop-in-shop locatio ns, as well as freestanding flagship, retail and factory sto! res. Flag! ship stores, which offer an assortment of Coach products, are located in select shopping districts throughout Hong Kong and mainland China. Coach Singapore and Taiwan operate department store shop-in-shop locations as well as freestanding flagship, retail and factory stores. Flagship stores, which offer a range of assortment of Coach products, are located in select shopping districts in Singapore and Taiwan.

The Reed Krakoff brand represents New American luxury primarily for handbags, accessories and ready-to-wear. Reed Krakoff operates department store shop-in-shop locations, freestanding flagship stores, as well as an e-commerce Website at reedkrakoff.com. Flagship stores, which offer an assortment of Reed Krakoff products, are located in select shopping districts in the United States and Japan.

Indirect Segment

The Indirect segment represented approximately 11% of total net sales in fiscal 2012, with United States Wholesale and Coach International representing approximately 6% and 4% of total net sales, respectively. The Indirect segment also includes royalties earned on licensed product. U.S. Wholesale channel offers access to Coach products to consumers who prefer shopping at department stores. Coach products are also available on macys.com, dillards.com, bloomingdales.com, lordandtaylor.com, belk.com, vonmaur.com and nordstrom.com. Coach's products are sold in approximately 990 wholesale locations in the United States and Canada Its U.S. wholesale customers are Macy's (including Bloomingdale's), Dillard's, Nordstrom, Lord & Taylor, Carson's and Saks Fifth Avenue.

Coach International channel represents sales to international wholesale distributors and authorized retailers. Coach has developed relationships with a select group of distributors who se! ll Coach ! products through department stores and freestanding retail locations in over 20 countries. Coach's network of internatio nal distributors serves various markets: South Korea, US & T! erritorie! s, Taiwan, Malaysia, Hong Kong, Mexico, Saudi Arabia, Thailand, Japan, Australia, Singapore, UAE, France, China, Macau, Indonesia, Kuwait, Bahamas, Aruba, Vietnam, New Zealand, Bahrain, India and Brazil.

Advisors' Opinion:

• [By Ted Cooper]

  Investors could be forgiven for writing off Coach (NYSE: COH  ) as a lost cause. The designer-handbag retailer has struggled to regain its footing in the U.S., and the market has all but given up on its hopes of ever recovering. However, investors who dismiss Coach as a has-been category leader may be ignoring a potentially good investment. Although far from guaranteed, there are three good reasons why Coach's stock could rise.

• [By WWW.DAILYFINANCE.COM]

  Cindy Ord/Getty Images It may be back-to-school shopping season, but this doesn't mean that moms -- or other well-to-do fashionistas -- can't snap up a seasonal bargain. There may never be a better time to buy designer totes, satchels or shoulder bags. This is the time of year when Coach (COH), Michael Kors (KORS) and Kate Spade (KATE) usually discount some of their dated product lines ahead of new fall arrivals. But the markdowns may be even juicier this summer. Gross margins are contracting, and inventory is starting to build up. This is bad news for handbag makers and investors, but it should be good news for folks looking to buy a luxury purse. Let's Fly Coach Coach is the largest of the three luxury handbag makers, but that's about to change. After yielding market share to Michael Kors and to a lesser extent Kate Spade in recent years, analysts see Michael Kors overtaking Coach this upcoming holiday shopping season. Coach isn't doing very well. Sales and adjusted earnings are fell 7 percent and 35 percent, respectively, in its latest quarter. How! ever, inv! estors were braced for an even sloppier showing. Strong international sales, particularly in China, helped offset some but clearly not all of the domestic shortfalls (Coach suffered a 16 percent decline in North American sales). Coach was the only one of the three publicly traded luxury handbag makers to see its stock climb the trading day after announcing results. The other two are growing, but there are problematic signs for investors across all three players. Calling a Spade a Spade Kate Spade is the smallest of the three, and it was the last of the three to report. After unloading its Juicy Couture apparel and Lucky Brand premium denim lines, Kate Spade has been able to focus on its booming premium handbag and accessories business. Kate Spade's sales soared 49 percent in its latest quarter, and it was able to turn a year-ago deficit into an adjusted profit this time around. The stock still too

• [By Ben Levisohn]

  Investors appear to be nibbling at Coach (COH), one the worst-performing stocks of 2014. After perusing Coach’s 10-K, Wells Fargo’s Paul Lejuez and team took don’t feel much better about Coach’s prospects:

  Bloomberg

  We remain cautious about Coach’s ability to successfully pull off its brand transformation at this stage in its life cycle. As a result of the attempt at transforming the brand, we continue to expect significant pressure on margins/ROIC as a result of weak sales, although the balance sheet remains in good shape. We are also uncertain if the company’s strategy to reduce promotions will be successful, particularly in the factory channel….

  As Coach expands its assortment into lifestyle categories such as apparel and footwear, we should remember that these categories typically carry lower margins than handbags. Coach noted that "increased penetration of our broadened lifestyle categories" was a factor in the 310bps gross-margin decline in the US as well as the 180bps gross-margin decline inter! nationall! y.

  Lejuez thinks Market Perform-rate Coach is worth between $32 and $34 a share. Coach has gained 0.7% to $36.51 at 3:03 p.m. today.

• [By Rich Duprey]

  Handbag maker Coach (NYSE: COH  ) has often appeared directionless, a brand without cohesion that lacked a way to connect with the consumer. The company is throwing a lot of ideas at the wall lately hoping something sticks, but instead all it's really done is give off mixed messages that have confused consumers and may undermine any chance of a turnaround.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-electric-utility-companies-to-invest-in-2015.html