Centric Brands, Coach partner on soft accessories
Centric Brands announced on Wednesday an expanded partnership with Coach as the exclusive license partner to design, manufacture, and distribute Coach soft accessories.
Kicking off the partnership, Centric Brands will introduce a new collection of men’s, women’s, and all-gender soft accessories this fall. Product categories will include cold weather items such as hats, gloves, wraps and scarves as well as caps, lightweight scarves and hair accessories that “capture the colorful spirit of the Coach brand and build on the iconic 'C' logo”.
The collection will debut in select department stores, including Nordstrom, Macy’s and online. Coach retail, outlet, and Coach.com will also carry the collection. Items are expected to retail from $75 to $225.
“We are excited to expand our long-term partnership with Coach, adding new product categories that speak to the expertise of Centric and contribute to the power of the iconic Coach brand,” said Jarrod Kahn, accessories group president, Centric Brands.
“We captured the spirit of Coach in a collection of soft accessories that is a natural and seamless extension of the brand, and we are confident it will resonate with current and new Coach customers,” added Abe Dweck, accessories executive vice president, Centric Brands.
The new partnership deepens the relationship between Centric Brands and Coach, which began in 2015 with an agreement to design and manufacture costume jewelry for Coach outlet stores globally.
Last September, the partnership expanded to retail stores. Centric Brands is now the exclusive source for Coach costume jewelry, globally, through wholesale, retail, and outlet, as well as e-commerce channels.
Centric Brands’ portfolio includes over 100 owned and licensed brands including Calvin Klein, Tommy Hilfiger, Nautica, Kate Spade, and Zac Posen, to name a few, which collectively generate approximately $2.5 billion in annual global sales.
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