From Business Week -
No. 1: Coach
Industry: Apparel, Accessories & Luxury GoodsSales: $2.9 billionNet Income: $713.9 million. How Coach (COH) took the top ranking in the BusinessWeek 50 can be summed up in two percentages: The New York handbag maker and retailer posted average sales growth of 24% over the last three years while generating a 61% average return on invested capital. The results are a testament to Chief Executive Lew Frankfort's strategy of moving the brand more upscale, as well as the skillful way designer Reed Krakoff has increased the brand’s sex appeal. Coach has added higher-cost bags to make the brand more aspirational: Bags that cost $400 or more now represent 22% of sales. And Coach, unlike most retailers, had strong results this past holiday season. But as the consumer loses steam, Coach has lost momentum. Over the past six months, the stock has dropped 30%. The company has responded by adding new lines of lower-priced handbags. Frankfort and Co. apparently aren't too worried: They are boosting store expansion this year.
Hey, I wonder if they make a "man" purse?
Full Disclosure - Coach is in my own personal portfolio
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