Coach store on Worth Avenue closes after two years in Palm Beach
By ROBERT JANJIGIAN
Daily News Fashion Editor
Tuesday, April 28, 2009
Coach, the New York City-headquartered leathergoods purveyor, has closed its 2-year-old Worth Avenue store.
The store, 255 Worth Ave., was shuttered for good Friday evening, with windows papered over by Saturday morning, an adjacent retail tenant reported.
A sign in the door announces the closure and invites shoppers to visit Coach locations at Town Center in Boca Raton and The Gardens mall in Palm Beach Gardens.
"We've decided to close our Worth Avenue location as the returns we were achieving were not up to Coach standards of excellence," a company spokesperson said.
In addition to closing its Worth Avenue location, Coach also shuttered its stores in Greenwich, Conn.; Green Valley Ranch, Nev.; and Embarcadero Center in San Francisco.
"There are always changes on the Avenue, especially at this time of year," said Sherry Frankel, president of the Worth Avenue Association. "It is surprising that they (Coach) decided to close after such a brief time here."
"We are always sad to see any business leave but look forward to welcoming a 'fresh' tenant for this prime retail space," Frankel said.
Wednesday, April 29, 2009
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