Coach Tumbles as North American Sales Miss the Mark
July 31 (Bloomberg) -- Bloomberg's Sheila Dharmarajan reports that Coach Inc., the largest U.S. luxury handbag maker, tumbled in early trading after reporting fiscal fourth-quarter revenue that trailed analysts’ estimates amid slowing North American sales growth. She speaks on Bloomberg Television's "In The Loop."
The company made famous for their F1 racing team - McLaren - has unveiled the most drivable of its consumer cars to date. McLaren is hoping the 570S will boost sales and introduce the company to a new market. Bloomberg's Hannah Elliott has a first look at the new supercar. (video by: Zach Goldstein, Victoria Blackburne-Daniell) (Source: Bloomberg)
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