Coach is adding luxury footwear expertise to its team.
Coach Inc. announced the appointment of Joshua Schulman as president and CEO of the Coach brand, effective in June 2017. Schulman will be responsible for all aspects of the brand globally, reporting directly to Coach Inc. CEO Victor Luis.
Schulman joins Coach from Neiman Marcus Group where he has served as president for Bergdorf Goodman and NMG International. He served as the CEO of Jimmy Choo from 2007 to 2012.
As part of the restructuring, CNBC reported that Ian Bickley, president of the Coach brand’s international group, was promoted to president, global business development and strategic alliances, indicating that the company may be preparing to add more brands to its portfolio.
In recent weeks, rumors have swirled that Coach is considering acquiring rival handbag brand, Kate Spade.
The two newly create roles are part of Coach Inc.’s new leadership structure that follows the 2015 acquisition of Stuart Weitzman.
“I have been very impressed with the evolution of Coach under Stuart Vevers’s creative direction and Victor Luis’s leadership,” said Schulman in a press release. “I look forward to working with the talented global teams at Coach to build on this transformation, driving growth and relevance for the iconic brand across product categories, channels and geographies.”
Separately, the company announced that Andre Cohen, currently President, North America and Global Marketing for the Coach brand, will be leaving the company at the end of June to return to Asia with his family.