Coach: Management is Confident in Turnaround But is Anyone Else?

Sterne Agee’s Ike Boruchow and Tom Nikic hosted a conference call with Coach’s (COH) investor relations folks yesterday and the tone was one of optimistic, even as the company preached patience. Boruchow and Nikic explain: Though Coach had admittedly been slow to respond to rapid changes in the handbag space over the past several years, [...]