Coach Inc. is a known producer of leather goods, including handbags, briefcases, and various travel documents and accessories.
The company began as a family in Manhattan in 1941 with a staff of six workers in leather. At this time focused on the creation of small leather goods like bags, with his hand. The coach that we know today began to take shape when Miles Cahn was used in 1946. Only four years later, in 1950, ran the factory.
Billfolds Wallets
AfterThe costs of the 1950 portfolio of production, extended Cahn production of baseball gloves in leather in 1960. Inspired by input from his wife Jillian, the factory also began to produce women's handbags to increase operating margins were nominal.
This pure leather bags have been a big change in the quality of the bags of cardboard that was the standard of the time. They were the coach, where brand names, and this has paved the way for entry intoWomen luxury handbag market.
Purchased in 1961, Miles Cahn, Jillian, for the owner of the shop with borrowed money and bought a coach. The company has focused on producing high quality bags, to avoid changing trends and fashions, but maintaining a very traditional, quality, functional design.
Since the early 1980's, the coach factory to four floors of the building on Manhattan's West 34th Street, has been widely employed. The company pays its most skilled workersThe prices of most other plants, and is maintaining a good working relationship that production continued to flow continuously offered.
E 'was also around this time that the coach has begun branching out into mail order, and the creation of specialty shops. It was not long before the demand for coaches has begun to outstrip supply. Nevertheless, Cahn refused their way to work, not willing to change the quality for the victims of larger production volume.
In 1985, after which none of itsThe children showed interest in the company, Cahn sold to Sara Lee Corporation, as well as with Lew Frankfort, Chairman of the kingdom. Despite the important measures to increase production, such as the doubling of the workforce and the expansion of the working week of six days, the coach had still not meet demand until 1987. Despite the decline in retail trade, they still doubled their profits by the end of 1987.
International expansion began in 1988 with opening of stores in England andJapan. Today Coach has high margins, even with a strong global presence and reputation for high quality products continued.
The history of Coach Inc.
