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Separately,wholesale samsung galaxy s4, Reed Krakoff, President and Executive Creative Director of Coach, Inc., has informed the company of his decision not to renew his contract, which expires in June 2014, to focus exclusively on his namesake brand.
Coach is exploring strategic options for the Reed Krakoff brand, which may involve a sale to a group in which Mr. Krakoff would participate. In addition, the company has commenced a search for his successor, as announced in a statement on Tuesday.
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Commenting the encouraging results,discount Dell Alienware buy, Lew Frankfort, Chairman and Chief Executive Officer of Coach, Inc.,the company has commenced a search for his successor, said, "We're pleased with the solid results we achieved in the third quarter as well as the progress we’re making towards our transformation to a global lifestyle brand, anchored in accessories. Our results demonstrate the brand’s strength across channels, categories and geographies, and reflect the traction we’re achieving in Men’s and digital, two key initiatives. Further, the announcement today of an increase in our dividend reflects our commitment to return capital to shareholders balanced with our investment in the business."
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Ralph Lauren Corporation is to pay 1.6 million dollars to resolve charges that it subsidiary paid bribes to officials in Argentina from 2005 to 2009 to sidestep customs and inspections. According to U.S. authorities the brides to government and customs officials, were allegedly paid through its customs broker,discount Apple Ipad 4 buy, to obtain entry of Ralph Lauren’s products to the country without the necessary paperwork to avoid inspection of prohibited products. During the four-year period, the authorities state that bribe payments and gifts including perfume, dresses and handbags to Argentine officials totalled 593,000 dollars.
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