Coach Announces Opening of ‘Coach House’ on Fifth Avenue in New York City
17 November 2016 - 10:45PM
Business Wire
Stuart Weitzman Opens Separate Flagship at
Same Location
Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design
house of modern luxury accessories and lifestyle brands, today
announced the opening of its newest flagship in one of the world’s
most prestigious shopping districts at 685 Fifth Avenue in New York
City. Timed to coincide with the brand’s 75th anniversary year,
this unique retail concept marks a defining moment in both the
company’s history and brand transformation.
The 20,000 square foot retail space dedicated to the Coach
brand, designed by Executive Creative Director Stuart Vevers in
partnership with William Sofield, Designer and President of Studio
Sofield, showcases the brand’s distinctive modern luxury
positioning. Specifically, the interior features an impressive
blackened steel and concrete staircase, which creates a sense of
discovery while shopping, as well as a glass enclosed, vintage
inspired elevator. Throughout the three-level flagship is a mix of
eclectic and bespoke furniture and objects, accented by
custom-designed cabinetry, warm lighting, proprietary carpets and
fine millwork. Additional architectural elements include a
glass-block facade, expansive windows and a captivating mechanized
conveyor belt installed with a rotation of Coach products. The
center atrium houses a 12-foot sculpture of Coach’s dinosaur, Rexy,
designed by renowned artist Billie Achilleos, and constructed
entirely from Coach bags and proprietary hardware. In addition, a
monumental contemporary sculpture, Scribing the Void, created by
Brooklyn artist Kurt Steger traces the surface of iconic rock
formations in Central Park, and is a nod to Coach’s New York City
roots.
Victor Luis, Chief Executive Officer of Coach, Inc. said, “With
Coach House, we are celebrating our New York heritage and 75-year
history of craftsmanship. The flagship features the full expression
of our women’s and men’s collections including bags, small leather
goods, footwear, and ready-to-wear, in addition to offering a full
range of customization and leather services. Together with the
opening of the adjacent Stuart Weitzman flagship store, we are
bringing two global brands born in New York City to one iconic
location.”
The company is also launching two concepts unique to Coach House
flagships that speak to the brand’s heritage of leather
craftsmanship and innovative design. First, the Made to Order
Rogue, which allows customers to create a bespoke Rogue bag,
selecting from nine points of customization and over one million
possible combinations. Second, the Coach House Workshop - which is
the first of its kind - offering expanded leather and craftsmanship
services, including special monogramming and exclusive vintage
product, featuring a resident master craftsman with nearly 30 years
of experience in the New York Workshop at Coach’s headquarters.
Andre Cohen, President North America and Global Marketing,
added, “We are thrilled to open a true home for the Coach brand on
the corner of Fifth Avenue and 54th Street, an address globally
recognized for fashion. We’re confident that our modern luxury
store environment will be warmly embraced by discerning New York
shoppers and international visitors alike."
Coach, Inc. is a leading New York design house of modern luxury
accessories and lifestyle brands. The Coach brand was established
in New York City in 1941, and has 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. In
2015, Coach acquired Stuart Weitzman, a global leader in designer
footwear, sold in more than 70 countries and through its website at
www.stuartweitzman.com. Coach, Inc.’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 information to be made available in this press release may
contain forward-looking statements based on management's current
expectations. Forward-looking statements include, but are not
limited to statements that can be identified by the use of
forward-looking terminology such as "may," "will," “can,” "should,"
"expect," "intend," "estimate," "continue," "project," "guidance,"
"forecast," "anticipated," “moving,” “leveraging,” “targeting,”
“assume,” “plan,” “pursue,” “look forward to,” “on track to
return,” “to achieve” or comparable terms. Future results may
differ materially from management's current expectations, based
upon a number of important factors, including risks and
uncertainties such as expected economic trends, the ability to
anticipate consumer preferences, the ability to control costs and
successfully execute our transformation and operational efficiency
initiatives and growth strategies and our ability to achieve
intended benefits, cost savings and synergies from acquisitions,
etc. Please refer to Coach Inc.’s latest Annual Report on Form 10-K
and its other filings with the Securities and Exchange Commission
for a complete list of risks and important factors.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20161117005283/en/
CoachAnalysts & Media:Andrea Shaw Resnick,
212-629-2618Interim Chief Financial OfficerGlobal Head of Investor
Relations and Corporate CommunicationsorChristina Colone,
212-946-7252Senior Director, Investor Relations
Tapestry (NYSE:TPR)
Historical Stock Chart
From Apr 2024 to May 2024
Tapestry (NYSE:TPR)
Historical Stock Chart
From May 2023 to May 2024