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Coach Will Open Spain's First Flagship Store In Madrid In November Of This Year.

2013/6/23 20:59:00 52

Coach CoxCoachCox

"P > Coach Inc. (NYSE:COH), a company without fear of Spain's flagging economy, will open Spain's first flagship store in Madrid in November this year after completing the 50% stake in the European joint venture held by Pepe Jeans. < /p >
< p > the Coach Kou Chi flagship store, located at Serrano 22, Salamanca, Salamanca, has an area of 3000 square meters. It is designed by Coach Architecture Group Cox construction group. It will dress Chen Lienan, ladies' lifestyle series, including shoes, shoes, accessories and jewelry in women's wear a target= "_blank" href= "href=", "shoes >" salon, jewelry boutique area and men's wear area. < /p >
< p > Coach coco founded a joint venture in 2010 with Hackett Limited, the British menswear brand under the Spanish brand Pepe Jeans, each with a 50% stake. Through the company, the brand has entered the markets of Britain, Ireland, Spain and Portugal, and has recovered the brand French operation right from Printemps Paris spring department store. < /p >
< p > the source said the aim of the joint venture was to help Coach in Europe. Now Coach believes that its capability is sufficient to support its independent expansion in Europe, so it can buyout the stake of partner Pepe Jeans, while Pepe Jeans will still help Coach's strategic development in Europe. < /p >
< p > Coach. At present, there are only shops in El Corte Ingl e s Gillette stores in Madrid, Barcelona, Valencia and malvalia. Group International President Ian Bickley told WWD that the group had a good response in Spain. Despite the economic crisis, the brand's sales in the same store had been growing steadily. < /p >
< p > besides Spain, Coach Cox, who has opened flagship stores in London, is also looking at other European tourist markets such as Paris, Milan and Munich to invest in local teams, stores and infrastructure. Victor Luis, President of Coach Cox group, said that the Group believes Europe has great potential in the long term, thanks to its large number of local tourists and international tourists. < /p >
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