Paul Ryan to meet with Congressional Black Caucus about ‘inner city’ remarks
Still in damage-control mode from what critics call veiled racial comments about poverty, U.S. Rep. Paul Ryan, R-Janesville, is set to meet next week with the Congressional Black Caucus.
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Growth in international sales represents one of the key long term growth drivers for Coach. In Q4 2013, Coach’s international sales rose by 17% in constant currency, on the back of a solid 35% rise in Chinese sales. Chinese results will continue to be the focus this year as Coach estimates Chinese sales to grow to $530 million in fiscal 2014, as compared to $430 million in fiscal 2013. Coach’s expansion plans in China during the fiscal year include 30 new stores, which will enhance its total square footage by 25% in the region. In addition, Coach’s sales in the Asian markets of Korea, Taiwan, Malaysia and Singapore continue to rise at a healthy rate.
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