NEW YORK--(BUSINESS WIRE)--Coach, Inc. (NYSE: COH, SEHK: 6388), a leading marketer of modern classic American accessories, today announced that the Coach Foundation would be making a $2 million gift to Hurricane Sandy relief efforts. The gift will be made to the American Red Cross Disaster Relief Fund for relief and rebuilding efforts in the Tri-State area in the wake of the hurricane.
In addition, the Company has made available its employee matching program and will match employee contributions to the American Red Cross or to a qualified relief organization of their choice.
“Our hearts go out to the countless number of people affected by the storm,” said Lew Frankfort, Chairman and Chief Executive Officer of Coach, Inc. “Coach was founded in New York in 1941 and this city has inspired, motivated and shaped our brand. So many of us at Coach call the City and the surrounding area home. We can’t replace what has been lost, but we want to help our community repair and rebuild in the wake of this terrible storm.”
Coach, with headquarters in New York, is a leading American marketer of fine accessories and gifts for women and men, including handbags, men’s bags, women’s and men’s small leathergoods, weekend and travel accessories, footwear, watches, outerwear, scarves, sunwear, fragrance, jewelry and related accessories. Coach is sold worldwide through Coach stores, select department stores and specialty stores, and through Coach’s website at www.coach.com. Coach’s common stock is traded on the New York Stock Exchange under the symbol COH and Coach’s Hong Kong Depositary Receipts are traded on The Stock Exchange of Hong Kong Limited under the symbol 6388.