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Transferring an proof-based therapy to practice isn't self-evident but requires intensive work. To be sure, it's miles too early for Luis to assert victory. One Citi analyst recently mocked references to Coach's turnaround,” noting that North American gross sales remain 30% under their peak. The corporate still will get nearly all of its revenue from outlet shops, the place cachet takes a back seat to cost cuts. And it's nonetheless heavily reliant on handbags—a category whose gross sales development has slowed to a crawl.

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