Coach Resists Recession with Jump in Profits (DNR)
Despite the unstable economy, Coach’s sales performance is strong, and its planning to expand its offerings at a higher price point.

Luxury Items Still Selling In Tough Times (CBS News)
Even with the consumer spending slowdown, luxury items are still selling.

Credit crunch bites into UK fashion firms (Reuters)
Due to the credit crunch, fashion companies are "hit hard" in the UK.

Tory Burch Seeks Investor (WWD)
Tory Burch is "shopping around" a 30 percent stake in her company for $300 million.

Mervyns Files Chapter 11 (WWD)
The ailing Mervyns department stores has filed for bankruptcy.

Image of Coach store in Japan courtesy of Coach.