U.S. Coach handbags and accessories brand Coach intends to 2 billion to 3 billion U.S. dollars acquisition of fellow American brand Tory Burch.

Revenue increased 7% to $ 1.19 billion, higher than analyst expectations of $ 1.18 billion. The sales exceeded market expectations, mainly due to sales in North America and overseas market growth. LADYMAX Fashion Network discovery Coach a quarter of North America same-store sales growth of 1%, total sales rose 7% to $ 792 million. International Business Total sales rose 6% to $ 382 million, excluding currency effects increased by 14%. And accounted for nearly 70 percent of North America, discount Tory Burch handbags on sale this quarter only open three new stores while closing 5. xzzqlys$0708 Since the acquisition of the retail network in Asia, quarter operating expense ratio rose 1.5 percentage points. Coach in January of this year the first 100 stores in mainland China opened in Urumqi, Greater China (including Hong Kong, Macao and Taiwan) total number of stores reached 118.