Coach, Inc. (NYSE: COH), a leading marketer of modern classic American accessories, announced today the opening of a 5,200 square foot store to be located within The Shops at Columbus Circle, the retail component of the mixed-use complex that is now rising at Columbus Circle. The Coach store, scheduled to open in the Fall of 2003, will occupy a two-story space on the ground floor and mezzanine level of The Shops.
This new Manhattan Coach store will feature white maple and walnut cabinetry, white powder coat and polished nickel hardware and white travertine stone flooring within a white glazed brick interior. The sleek open and inviting format will offer a full selection of handbags, business and travel cases, outerwear, eyewear, watches, jewelry, small leather goods and footwear.
"We are delighted to have Coach, Inc. join the roster of premier retailers in this new landmark development, offering visitors to the complex a premier selection of leather goods and accessories," said Stephen M. Ross, chairman and CEO of The Related Companies, one of the development partners.
Coach is joining such other fashion retailers as Hugo Boss and Tourneau at this new world class shopping destination. "We believe that The Shops at Columbus Circle provide a perfect venue for our newest Manhattan location, enabling us to significantly enhance our market share in New York City. This location is certain to become one of the world's top shopping, dining and entertainment destinations and we are delighted to be able to have such a significant space retail here," said Mike Tucci, president - Retail Division, North America of Coach, Inc.
Coach, with headquarters in New York, is a leading American marketer of fine accessories and gifts for women and men, including handbags, women's and men's small leathergoods, business cases, weekend and travel accessories, footwear, watches, outerwear, jewelry, sunwear, furniture and related accessories. Coach is sold worldwide through Coach stores, select department stores and specialty stores, through the Coach catalogue in the U.S. by calling 1-800-223-8647 and through Coach's website at www.coach.com.
Coach's shares are traded on The New York Stock Exchange under the symbol COH. About AOL Time Warner Center Scheduled for completion in Fall 2003, the 2.1-million square-foot landmark development currently under construction on Columbus Circle will be New York City's new landmark for the 21st century.
The complex, designed by David M. Childs of Skidmore, Owings and Merrill, is being developed by The Related Companies, L.P. and Apollo Real Estate Advisors, L.P. The project will feature the new world headquarters of AOL Time Warner, a Jazz at Lincoln Center performing arts facility with 3 main performance venues totaling 1,970 seats, rehearsal and recording studios and classrooms,
The Shops at Columbus Circle featuring luxury and specialty retail shops and fine dining, the One Central Park residential condominiums containing 191 luxury apartments, a 251 room five-star Mandarin Oriental, New York , 200,000 square feet of state-of-the-art Class A office space, and a 504 stall valet parking garage.