How Manish and Akshika Poddar turned a family garment factory's European know-how into one of India's fastest-growing premium fashion houses - and stayed bootstrapped until the numbers spoke for themselves.
Coach is an American luxury house of leather goods and lifestyle accessories founded in New York in 1941. Known for its horse-and-carriage emblem and craftsmanship, the brand designs handbags, small leather goods, ready-to-wear, footwear, fragrances and accessories at accessible luxury price points. A subsidiary of Tapestry, Inc., Coach has re-energized around a strategy it calls 'expressive luxury,' winning a new wave of Gen Z shoppers with hero franchises like the Tabby and Brooklyn bags and posting strong double-digit growth across North America, China and Europe.
Michael Kors is an American accessible-luxury fashion house founded in 1981 by designer Michael Kors. Known for jet-set American sportswear, its signature Saffiano-leather handbags, watches and ready-to-wear, the brand sells through hundreds of retail and outlet stores worldwide, wholesale partners and a growing e-commerce business. Now the anchor brand of parent Capri Holdings, Michael Kors accounts for roughly 70% of the group's revenue and targets style-conscious, aspirational consumers who want luxury design at a more attainable price point.