Stephanie's Feed
Jan 7, 2015

Breakingviews: Coach tries LVMH model on for size with shoe buy

By Stephanie Rogan

NEW YORK (Reuters Breakingviews) – There can be no clearer
admission that Coach has exhausted the growth
opportunities of its core brand than the $574 million purchase
of luxury shoe-maker Stuart Weitzman. Yet for shareholders, who
have lopped off half of the company’s value since 2012, Coach’s
acceptance of its limitations offers a sign of hope. Coach is
betting it can use its know-how to expand other, smaller brands
like LVMH and Kering have.

For 74 years Coach focused exclusively on its own label, a
strategy that worked until a couple of years ago. Despite an
ambitious brand makeover, the company has failed to reverse
sliding same-store sales and struggled to maintain its cachet
with fickle fashionistas.

Jan 6, 2015
via Breakingviews

Coach tries LVMH model on for size with shoe buy

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By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

There can be no clearer admission that Coach has exhausted the growth opportunities of its core brand than the $574 million purchase of luxury shoe-maker Stuart Weitzman. Yet for shareholders, who have lopped off half of the company’s value since 2012, Coach’s acceptance of its limitations offers a sign of hope. Coach is betting it can use its know-how to expand other, smaller brands like LVMH and Kering have.

Nov 7, 2014
via Breakingviews

America: land of phantom job openings

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By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own. 

The vacancies are posted, the workers are there but U.S. employers are hiring at a slower rate. Welcome to America, land of phantom jobs.

Sep 22, 2014
via Breakingviews

How Big Oil could grease invisible hand

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By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

The U.S. energy problem is very much due to a breakdown of the free market, contends the new documentary, “Pump.” Married co-directors Josh Tickell and Rebecca Harrell Tickell show how Big Oil’s monopoly on transportation fuels hurts Americans more than they realize. If drivers had options when filling up their tanks, both country and consumers would benefit.

Aug 22, 2014
via Breakingviews

Review: Paul Ryan changes delivery but not direction

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By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own. 

Paul Ryan has written a book, just like Hillary Clinton and Barack Obama before him. Unlike those of his Democratic rivals, though, the U.S. congressman and former vice presidential candidate’s is less memoir than campaign manifesto. Ryan’s fiscal prescriptions are familiar, but it’s also obvious he is trying to find a broader audience for them. Though it’s tempting to dismiss “The Way Forward” as just the musings of another presidential wannabe, the book’s title probably accurately reflects the notion that its contents will guide the Republican strategy in the years to come.

Jun 6, 2014
via Breakingviews

Review: China gives Africa handy investment lesson

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By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

In the last decade nearly a million Chinese citizens have taken up residence in Africa. In his vivid new book, “China’s Second Continent,” Howard French tells stories of these migrants and the Africans whose lives they affect. The book weaves anecdotes and interviews with historical and geopolitical background to tell a larger tale of the PRC’s economic engagement in the continent. The result is an unflattering portrait of China’s involvement.