In April, Coach did something unusual for the retailing world: It stopped reporting sales from regular stores and factory outlets as separate items. Combining them makes it harder for investors to tell where the purveyor of leather bags and other luxury goods is getting its growth. Coach Chief Executive Lew Frankfort says the change provides a better overall picture of how the company is doing, adding: "Shareholdershave enough confidence in Coach's management and our performance to give us the benefitrnof the doubt."
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