2011年12月14日星期三

China is a good place

Coach main male and female accessories and high quality gift bags, is a famous
American luxury manufacturers. Coach planned next month in Hong Kong-listed
depositary receipts, in order to improve China's mainland market brand image.
Coach in the applications submitted to the Hong Kong Stock Exchange said it plans
to issue up in the city 293 million shares of Exchange ADR, with trading to begin
next Thursday, a move aimed at expanding China market.
Asia Coach Andre Cohen President and CEO, said in a Hong Kong-listed main purpose
is not to raise funds, but rather to improve brand awareness, and strengthen
communication with Asian investors.
Coach sales currently total less TaylorMade Burner Plus Driver than 3% from China, but grew very rapidly. Over
the past two years, turnover from China increased by more than 70%, rising from $
50 million per year to 1.85 billion (U.S.). The company expects turnover of the
mainland within two years will reach $ 500 million in the proportion of total
turnover will rise to about 10%.

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