JcPenney Sells Exclusive Undercover Collection for Coach
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With a six-month deal to give Saks Fifth Avenue the exclusive on its upcoming Reed Krakoff collection launching this fall, Coach will also be having a new label of accessories at J.C. Penney.
WWD reports that Coach chairman and chief executive officer Lew Frankfort was spotted chatting with Penney’s chairman and CEO Myron E. “Mike” Ullman 3rd at Thursday’s night Global Department Store Summit dinner and acknowledged a collaboration is a possibility, but he stressed it would not be under the Coach label and it would have to be a new brand for the new channel.
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