Brings Board Membership to Nine
NEW YORK--(BUSINESS WIRE)--Feb. 5, 2015--
Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of
modern luxury accessories and lifestyle collections, today announced
that Andrea Guerra has been appointed to Coach’s Board of Directors. The
appointment of Mr. Guerra to the Board brings the membership to nine.
Victor Luis, Chief Executive Officer of Coach, Inc., said, “We are
extremely pleased that Andrea Guerra has agreed to join our Board. As
Coach continues its transformation into a modern luxury lifestyle brand,
Andrea's extensive exposure to a wide variety of best-in-class brands
and his broad retail and international experience will prove valuable to
our team."
Andrea Guerra served as Chief Executive Officer of Luxottica Group
S.p.A. (MTA: LUX; NYSE: LUX) from 2004 to 2014. Formerly, Mr. Guerra
spent 10 years at Merloni Elettrodomestici, where he was appointed Chief
Executive Officer in 2000. In December 2014 he was appointed the Senior
Strategic Advisor for Business, Finance and Industry to Italian Prime
Minister Matteo Renzi. Mr. Guerra is a member of the Steering Committee
of Fondo Strategico Italiano S.p.A. and serves on the Board of Directors
of both Amplifon S.p.A. and Ariston Thermo S.p.A.
Upon his appointment, Mr. Guerra said, “I am excited to be joining the
Board of Directors of one of the most respected brands in the world. I
look forward to supporting Coach and its strategies to transform into a
leading luxury lifestyle brand.”
Coach, established in New York City in 1941, is a leading design house
of modern luxury accessories and lifestyle collections with a rich
heritage of pairing exceptional leathers and materials with innovative
design. Coach is sold worldwide through Coach stores, select department
stores and specialty stores, and through Coach’s website at www.coach.com.
Coach’s common stock is traded on the New York Stock Exchange under the
symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The
Stock Exchange of Hong Kong Limited under the symbol 6388.
Neither the Hong Kong Depositary Receipts nor the Hong Kong
Depositary Shares evidenced thereby have been or will be registered
under the U.S. Securities Act of 1933, as amended (the "Securities
Act"), and may not be offered or sold in the United States or to, or for
the account of, a U.S. Person (within the meaning of Regulation S under
the Securities Act), absent registration or an applicable exemption from
the registration requirements. Hedging transactions involving these
securities may not be conducted unless in compliance with the Securities
Act.
This press release contains forward-looking statements based on
management's current expectations. These statements can be identified by
the use of forward-looking terminology such as "may," "will," “plan,”
"should," “believe,” “next,” “develop,” "expect," “confident,” “trends,”
“further evolve,” “forward,” “future,” "intend," "estimate," "on track,"
"are positioned to," “on course,” “opportunity,” "continue," "project,"
"guidance," “target,” "forecast," "anticipated," or comparable terms.
Future results may differ materially from management's current
expectations, based upon risks and uncertainties such as expected
economic trends, the ability to anticipate consumer preferences, the
ability to control costs, etc. Please refer to Coach’s latest Annual
Report on Form 10-K and its Quarterly Report on Form 10-Q for the
quarterly period ended December 27, 2014 for a complete list of risk
factors.

Source: Coach, Inc.
Coach
Analysts & Media:
Andrea Shaw Resnick, 212-629-2618
Global
Head of Investor Relations and Corporate Communications
or
Christina
Colone, 212-946-7252
Director, Investor Relations