Some consumers may be worried about the faltering recovery, but not the ones who like handbags: Coach says its fourth-quarter sales jumped 22% to $951 million, up from $778 million reported in the same period last year.
And net income took a 34% hop to $196 million from $146 million reported for the prior year.
The New York-based company says it saw its market share increase in each of its geographical regions, including China, where sales doubled.