June 19 (Reuters) – Upscale retailer Coach Inc warned of lower gross sales next 12 months and said it will shut about 70 shops in North America because it struggles against fast-rising rivals in its biggest market.

Unlike girls, males tend to hone in on the particular thing they need to buy instead of surveying the complete aisle, consultants mentioned. That generally is a drawback for producers and retailers trying to promote new products which are the life-blood of packaged food firms. Coach said last yr it could increase its assortment and become a so-referred to as life-style brand, with a much bigger collection of footwear and garments than before, in addition to handbags. Many males have difficulty finding items, forego buying relatively than danger purchasing an alternative choice to an item on the grocery listing and hesitate to ask for assist if they cannot discover an item, Putnam stated …

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