Is Coach a Luxury Brand?
Is Coach a luxury brand? Yes, and no. This popular brand is known for their leather handbags and high-end goods, but it is also accessible for consumers of lower incomes. Because of its relatively affordable prices, people who otherwise cannot afford expensive designer handbags can now buy them. However, you shouldn’t count on the high-quality leather materials and the branded name to get the same results. While Coach is a popular luxury brand, it is not recognized among the most expensive brands.
Although Coach is owned by the French luxury conglomerate LVMH and the American luxury company Kering SA, it is not part of the same family. Instead, it is a separate company owned by the American conglomerate Tapestry. The company has retail stores around the world, but Louis Vuitton is a more well-known name. This brand has a history of innovation that stretches back to the 1960s.
Originally, Coach started out as a small family business, specializing in billfolds and leather wallets. The designer, Miles Cahn, got his idea from a leather baseball glove. This glove featured a high-quality leather and exquisite stitch work and inspired him to make a luxury brand out of it. In 1941, Miles Cahn and his wife Lillian started Leather Bags, a company that specialized in billfolds and leather wallets. Since then, the brand has evolved into many areas, including watches and fashion wear.
Although Coach may have lost its luster in the past few years, its name and reputation remain strong. Coach is a high-end New York label that has long been associated with luxury, and many celebrities wear the brand. Coach handbags are both reliable and beautiful. If you’re not sure whether Coach bags are worth investing in, you can look into Michael Kors handbags. These handbags are renowned for their quality, but they’re also priced a bit higher than Coach ones.