Coach, Inc. is a luxury American leather goods company that got its start manufacturing small leather goods. These days Coach is best known for ladies handbags as well as items such as luggage, briefcases, wallets and other novelty accessories. Coach was founded in 1941, in a loft in New York City. as a partnership called the Gail Manufacturing Company. Gail Manufacturing Company began as a family-owned business, with six leatherworkers who made small leather goods, such as wallets and handbags. In 1946, Miles Cahn and his wife Lillian joined the company. Miles and Lillian Cahn were owners... of a leather handbag manufacturing business, and were knowledgeable about leatherworks and business. By 1950, Cahn had taken over the business and was running it mainly himself. In 1960, Cahn had taken notice of the distinctive properties of the leather used to make baseball gloves. With wear and abrasion, the leather in a glove became soft and supple. Following this model, Cahn devised a way of processing leather to make it strong, soft, flexible, and deep-toned in color, as it absorbed dye well.
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| NYSE symbol: | COH |
| Headquarters: | United States of America |
| Legal structure: | Public company |
| Annual revenue: | $3,230,470,000 |
| Net income: | $623,370,000 |
| Operating income: | $971,910,000 |
| Market cap: | $12,000,000,000 |
| Industries: | Clothing, Footwear Manufacturing |