He listed you're able to send continuation of negative comparable-store products or services sold and a dependence on more "trend-right fashion" as reasons for caution.
Read MoreCoach's profit falls as North American comps slide
"Also, in our view, an important traffic restoration is tough to aim for any retailer, " Chen composed.
Coach on Tuesday said products or services sold declined 5 percent in the quarter terminated March 29, including a dramatic 22 percent same-store sales decrease in Europe. It was the fourth-straight quarter out of domestic same-store sales declines. Business, known for accessibly priced luxury clutches, said that category continued to be its poor spot, while men's and casual shoes showed momentum.
Many have said to Coach's new creative dirigente, Stuart Vevers, as a potential driver for the company, which has lost commodity to more fashion-forward firms inside the category, namely iPad case Michael Kors plus Kate Spade. With a background near the British fashion house Mulberry and LVMH-owned Loewe, the company is betting in the fashion resume to give its products a layout boost.
iPad Michael Kors
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