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Coach Hires PepsiCo's Jane Nielsen As Chief Financial Officer

DOW JONES NEWSWIRES Coach Inc. (COH) hired Jane Nielsen from PepsiCo Inc. (PEP) to succeed retiring Chief Financial Officer Michael F Devine III, effective Sept. 1. Nielsen was chief financial officer of PepsiCo Beverages Americas and the global nutrition group. Devine, who has worked at the upscale accessories maker for almost 10 years, announced his retirement plans in February. Luxury retailers have reported better results of late as high-end shoppers opened their wallets in an improving economy and a rebound in stock-market valuations. Coach reported in April its fiscal third-quarter earnings rose 18%, while sales jumped 14%. Shares closed Tuesday at $66.03 and were inactive premarket. The stock has risen 78% over the past year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Coach (COH)
DateTimeHeadline
03/26/201520:05:29How Michael Kors Can Reward Its Suffering Shareholders: Pay A...
03/22/201503:13:16I'll Take Some Greenblatt With A Touch Of Domash
03/19/201508:01:12Weak euro puts luxury brands in a China predicament
03/18/201516:32:14Current Report Filing (8-k)
03/11/201518:22:10Statement of Changes in Beneficial Ownership (4)
03/04/201516:47:39Statement of Changes in Beneficial Ownership (4)
03/04/201507:31:36An unhappy Chinese New Year for luxury sellers
03/04/201507:00:00Coach to Open First Paris Flagship Store on Rue Saint- Honoré
03/04/201504:56:57Why Isn't Abercrombie Cool Anymore? (Podcast)
03/04/201504:04:27Hong Kong January Retail Sales: Grinding Through The Drought
03/03/201506:13:23Does Coach Have Growth Potential?
03/02/201517:51:06Current Report Filing (8-k)
03/02/201516:30:00Coach Announces Closing of $600 Million Senior Unsecured Notes...
02/28/201519:44:00Is Coach Finally Starting To Turn It Around?
02/26/201518:10:48Statement of Changes in Beneficial Ownership (4)
02/24/201511:15:39Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
02/24/201507:42:01When Price Diverges From Earnings: Quarterly Comparisons Of Michael...
02/24/201506:06:07Current Report Filing (8-k)
02/24/201506:06:06Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
02/24/201505:53:55Enbridge Energy Partners Is Cheap - Cramer's Lightning Round...

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