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Coach in China was outsearched by Louis Vuitton, Chanel, Gucci, and Burberry. However, Coach is the mostsearched luxury handbag brand. This is particularly important since 65% of Coach's revenues come from handbags. These trends can also be viewed through analyzing gross margins. High overall growth, comparable store sales, increasing gross margins and return on invested capital lead KORS to be, in my opinion, the best investment among its peers, RL, COH, and EL. Ralph Lauren may underperform its peers as growth stagnates, although its AsiaPacific Restructuring Plan could pick up steam. However, since the implied growth rates of COH and EL are lower than RL's, despite the higher revenue growths achieved in previous years, money should be placed in companies other than RL. Coach's 2.3% dividend yield, along with growth potential and its high return on invested capital, also make this company an attractive investment. Although growth should be lower than Michael Kors', the dividend will make COH wellsuited for a valueoriented investor.
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