New Coach clothing line 'risky venture'
China Daily | Updated: 2009-07-30 08:01
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Shoppers in Coach Inc's store in Tokyo's Marunouchi district. Bloomberg News |
NEW YORK: The decision by Coach Inc to launch a clothing line named for its creative director Reed Krakoff is a risky one, especially amid a global economic slowdown that may permanently alter consumers' desires for designer duds and high price tags.
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