Coach Inc. Case Study
[pic 1][pic 2]Seth ChristopherDavid DeschenesMelanie AriasIan AbrahamsonKatelynne CerezMichael D’AnielloTable of ContentsSection 1: Executive Summary 3 Section 2: Introduction 4Section 3: Current Situation 5 3.1: Current Performance 5 3.2: Strategic Posture 8Section 4: External Factors 12 4.1: Societal, Political, Regulatory, Community Factors 12 4.2: Industry & Competitive Analysis 14 4.3: Summary of External Factors 17
Section 5: Internal Factors – Competitive Capabilities 17Section 6: Suggested Strategies & Alternatives 23Section 7: Implementation 37Section 8: Citations 44 Section 1: Executive SummaryCoach Inc. is a designer and marketer of high-quality, modern American classic accessories. In fact, they are among some of most known luxury brands in the United States and Asia. Coach’s immense success has been largely attributable to its focus on quality and stylish products which respond to consumers’ needs based on its extensive, effective and efficient marketing research. Its “accessible” luxury goods price strategy also helps drive growth. This report will analyze the current status of the company, and then further analyze the external environment of the industry in comparison with inner capabilities inherent in the company. As follows in this plan, Coach, Inc. should renew their vision and strategic focus by engaging in hit-and-run marketing tactics, expanding their product line into the male demographics, seizing exclusivity contract with an international supplier, and pursuing an aggressive international expansion effort into India and China, while following general broad differentiation guidelines. Coach will use its marketing tactics to help focus and differentiate themselves from their competitors.