Coach to Open First Paris Flagship Store on Rue Saint- Honoré
04 March 2015 - 11:00PM
Business Wire
Coach, Inc. (NYSE:COH)(SEHK:6388), a leading New York design
house of modern luxury accessories and lifestyle collections, today
announced the opening of its first flagship store in Paris, timed
to coincide with the brand’s 75th Anniversary. The store is located
at 372-374 Rue Saint-Honoré, in one of the city’s most prestigious
shopping districts, and is expected to open this fall.
Ian Bickley, President, International Group for Coach, said,
“We're especially excited about the opening of this prominent Paris
location, our first flagship in this important global fashion
capital, and centerpiece of our European growth strategy. We're
confident that our new Modern Luxury store environment, showcasing
Coach's rich heritage and commitment to craftsmanship along with
product designed by Stuart Vevers, will be warmly embraced by the
discerning Parisian consumer and international visitors alike."
The 6,500 square foot retail space designed by Creative Director
Stuart Vevers in partnership with William Sofield, Designer and
President of Studio Sofield features an interior that has a
distinctive New York City attitude with the latest modern luxury
evolution of Coach’s design and positioning. It will include a
unique VIP shopping salon and monogram shop. An impressive central
blackened steel and mahogany staircase will be a centerpiece for
the store, inviting the customer in and creating a sense of
discovery while shopping. Warm lighting, hand tufted carpets, and
fine millwork accent each room and emphasize a contrast of
materials and expressions essential to the Modern Luxury design of
the new Coach stores. Throughout the two level flagship is a mix of
custom-designed cabinetry with vintage and bespoke furniture and
objects.
Nigel Darwin, President of Coach Europe, said, “The opening of
our first flagship store in Paris is a pivotal moment for our
development across Europe and demonstrative of our increased
relevance in the fashion arena. To support this launch we will be
developing a comprehensive advertising campaign which will be part
of a large-scale global launch with integrated print and outdoor
advertising and exclusive products.”
The Rue Saint-Honoré location will feature a complete collection
of both men’s and women’s Coach product including ready-to-wear,
shoes, sunwear, jewelry, watches and fragrance.
Coach, established in New York City in 1941, is a leading design
house of modern luxury accessories and lifestyle collections with a
rich heritage of pairing exceptional leathers and materials with
innovative design. Coach is sold worldwide through Coach stores,
select department stores and specialty stores, and through Coach’s
website at www.coach.com. Coach’s common stock is traded on the New
York Stock Exchange under the symbol COH and Coach’s Hong Kong
Depositary Receipts are traded on The Stock Exchange of Hong Kong
Limited under the symbol 6388.
Neither the Hong Kong Depositary Receipts nor the Hong Kong
Depositary Shares evidenced thereby have been or will be registered
under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and may not be offered or sold in the United States or to,
or for the account of, a U.S. Person (within the meaning of
Regulation S under the Securities Act), absent registration or an
applicable exemption from the registration requirements. Hedging
transactions involving these securities may not be conducted unless
in compliance with the Securities Act.
This press release contains forward-looking statements based on
management's current expectations. These statements can be
identified by the use of forward-looking terminology such as "may,"
"will," “plan,” "should," “believe,” “next,” “to open,” “develop,”
"expect," “confident,” “trends,” “further evolve,” “forward,”
“future,” "intend," "estimate," "on track," "are positioned to,"
“on course,” “opportunity,” "continue," "project," "guidance,"
“target,” "forecast," "anticipated," or comparable terms. Future
results may differ materially from management's current
expectations, based upon risks and uncertainties such as expected
economic trends, the ability to anticipate consumer preferences,
the ability to control costs, etc. Please refer to Coach’s latest
Annual Report on Form 10-K, our Quarterly Report on Form 10-Q for
the quarterly period ended December 27, 2014, and our other filings
with the Securities and Exchange Commission for a complete list of
risk factors.
CoachAnalysts & Media:Andrea Shaw Resnick,
212-629-2618Global Head of Investor Relations and Corporate
CommunicationsorChristina Colone, 212-946-7252Director, Investor
Relations
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