Coach latest retailer to join AOL/Time Warner roster

Real Estate Weekly, May 28, 2003

Coach, Inc., a leading marketer of modern classic American accessories, announced the opening of a 5,200-SF store to be located within The Shops at Columbus Circle, the retail component of the mixed-use complex that is now rising at Columbus Circle.

The Coach store, scheduled to open in the fall of 2003, will occupy a two-story space on the ground floor and mezzanine level of The Shops.

"AOL Time Warner Center will house a number of upscale retailers and is an ideal location for Coach as they expand their vision across the country," said Richard B. Hodos, president of Madison HGCD, which represented Coach. "As one of the few national retailers that has posted consistent sales gains since September 11, we expect them to continue to grow in New York City and nationwide."

This new Manhattan Coach store will feature white maple and walnut cabinetry, white powder coat and polished nickel hardware and white travertine stone flooring within a white glazed brick interior. The sleek open and inviting format will offer a full selection of handbags, business and travel cases, outerwear, eyewear, watches, jewelry, small leather goods and footwear.

"We are delighted to have Coach, Inc. join the roster of premier retailers in this new landmark development, offering visitors to the complex a premier selection of leather goods and accessories," said Stephen M. Ross, chairman and CEO of The Related Companies, one of the development partners.

Coach is joining such other fashion retailers as Hugo Boss and Tourneau at this new world class shopping destination.

"We believe that The Shops at Columbus Circle provide a perfect venue for our newest Manhattan location, enabling us to significantly enhance our market share in New York City.

This location is certain to become one of the world's top shopping, dining and entertainment destinations and we are delighted to be able to have such a significant space retail here," said Mike Tucci, president - Retail Division, North America of Coach, Inc.