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Business Description
Coach, Inc. is a designer, producer and marketer of modern American classic accessories, handbags, women's and men's small leather goods, business cases, weekend and travel accessories, outerwear and related accessories. Together with its licensing partners, Coach also offers watches, footwear, eyewear and office furniture with the Coach brand name. Coach's products are sold through a number of direct to consumer channels, which, at the end of the fiscal year ended July 3, 2004 (fiscal 2004), included 174 United States retail stores, direct-mail catalogs, online store and 76 United States factory stores.

Financial Information
For the 13 weeks ended 10/02/04, net sales rose 33% to $344.1 million. Net income rose 60% to $67.7 million. Results reflect comparable store sales growth, new store sales and expanded store sales in North America, and improved gross profit margins.