Brings Board Membership to Nine
NEW YORK--(BUSINESS WIRE)--Jan. 4, 2016--
Coach, Inc. (NYSE:COH) (SEHK:6388), a leading New York design house of
modern luxury accessories and lifestyle brands, today announced that
Annabelle Yu Long has been appointed to Coach, Inc.’s Board of
Directors. The appointment of Ms. Long to the Board brings the
membership to nine.
Victor Luis, Chief Executive Officer of Coach, Inc., said, “We are
extremely pleased that Annabelle Long has agreed to join our Board. As
Coach continues its transformation into a global modern luxury lifestyle
brand, Annabelle's strong business acumen, insight about the Chinese
consumer and knowledge of and experience with the media landscape in
China, coupled with her track record of investing in digital and
lifestyle companies, will bring unique value to the Coach board.”
Annabelle Long currently serves as Chief Executive, Bertelsmann China
Corporate Center, and Managing Partner of Bertelsmann Asia Investments.
Formerly, Ms. Long was a Principal at Bertelsmann Digital Media
Investments. She joined the international media, services, and education
company via the Bertelsmann Entrepreneurs Program in 2005. From 1996 to
2003, Ms. Long was a Producer and Lead Anchor for the Sichuan
Broadcasting Group. From 1994 to 1996 she was a Producer and host for
Chengdu People’s Radio Broadcasting. Ms. Long is an active member of the
World Economic Forum’s Young Global Leaders Advisory Council and is also
a member of its Global Agenda Council on the Future of Media,
Entertainment & Information. In addition, she is a member of the
Stanford Graduate School of Business Advisory Council. Ms. Long serves
on the Board of Directors of both BitAuto (NYSE: BITA) and China
Distance Education (NYSE: DL).
Upon her appointment, Ms. Long stated, “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 and drive long-term sustainable growth.”
Coach, Inc. is a leading New York design house of modern luxury
accessories and lifestyle brands. The Coach brand was established in New
York City in 1941, and has 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.
In 2015, Coach acquired Stuart Weitzman, a global leader in designer
footwear, sold in more than 70 countries and through its website at www.stuartweitzman.com.
Coach, Inc.’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 September 26, 2015 for a complete list of risk
factors.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160104006404/en/
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