Coach Slumps as Q2 Profit Trails Estimates

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Jan. 23 (Bloomberg) -- Coach, the largest U.S. luxury handbag maker, plunged as much as 16 percent in early trading after reporting fiscal second-quarter profit that trailed analysts’ estimates, hurt by lower demand in North America. Sheila Dharmarajan reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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