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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
01/29/201519:21:24U.S. Stocks Extend Gains
01/29/201519:20:16U.S. Stocks Trade Higher
01/29/201519:15:38Coach Reshuffles Executives as Earnings Fall Less Than Expected...
01/29/201517:21:58U.S. Stocks Mixed as Oil Drop Continues to Weigh
01/29/201511:29:20U.S. Stocks Waver Amid Data, Earnings
01/29/201508:19:23Coach's Earnings Fall Less Than Expected
01/29/201507:50:49MARKET SNAPSHOT: U.S. Stocks: Ford, McDonald's Up As Futures...
01/06/201517:22:39MARKET SNAPSHOT: S&P 500 Extends Losing Streak To 5 Days
01/06/201513:06:54MARKET SNAPSHOT: U.S. Stocks Sell Off; S&P 500 Below 2,000
01/06/201513:02:03MARKET SNAPSHOT: U.S. Stocks Edge Lower; Oil Marches Lower
01/06/201512:55:10MARKET SNAPSHOT: U.S. Stock Futures Swing As Oil Continues Slide
01/06/201512:53:55Coach to Buy Stuart Weitzman for $574 Million -- 2nd Update
01/06/201512:51:58MARKET SNAPSHOT: U.S. Stock Futures Turn Higher, But Oil's Decline...
01/06/201512:48:32Coach to Buy Stuart Weitzman for $574 Million -- Update
01/06/201512:48:16MARKET SNAPSHOT: U.S. Stocks: Futures Turn Higher, But Oil's...
01/06/201512:47:41Coach to Buy Stuart Weitzman for $574 Million
11/17/201416:15:08Warby Parker Adds Storefronts To Its Sales Strategy
09/26/201409:50:47U.S. Hot Stocks: Hot Stocks to Watch
09/09/201413:50:05Correction to U.S. Hot Stocks Story
08/12/201413:38:39Kate Spade Markdowns Hurt Margins--update

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