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July 30, 2014
07:53 EDTCOHHandbag survey points to demand deceleration, says RW Baird
Baird's recent handbag survey pointed to a deceleration in demand but still shows Coach as the leader in most metrics. The firm still sees promise in Coach's long-term strategy but believes it will take time to bear fruit and in the meantime adds risk to its near term results. Shares of Coach remain Neutral rated.
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