
Dattebayo! Coach is Back Baby!
Alright listen up! Naruto Uzumaki here reporting live from the Hidden Leaf Village... well kinda. Turns out even I gotta keep an eye on the grown up stuff like this 'Tapestry' thing. Apparently they own this brand called 'Coach,' and some super smart guys at 'JPMorgan' think it's gonna be HUGE! They're saying the stock could go up like a bazillion times... okay maybe not that much but 32% is still pretty awesome! Believe it!
Youth Power: More Powerful Than My Talk no Jutsu?!
So what's the big deal? Well apparently Coach is getting all the young ninjas – err I mean Gen Z and Millennials – to buy their stuff! And these aren't just any customers they're buying more stuff coming back for more and sticking around longer than I stick around Ichiraku Ramen! It's like a never ending supply of delicious ramen only it's fancy bags and wallets! Maybe I should get one for my froggy wallet hmmm...
Shadow Clone Jutsu... of Customers!
This 'Matthew Boss' guy at JPMorgan – sounds like a tough opponent right? – he says that Coach is getting so popular with the young folks that even the OLDER generations are starting to get into it! It's like my shadow clone jutsu but instead of clones it's customers! Pretty soon everyone will be carrying a Coach bag even Sakura chan! (Though I bet she'd still hit me if I accidentally stepped on it.)
Price Sensitive? More Like Ramen Sensitive!
They used to have customers who were picky about prices but now these new young customers are spending more money like they have endless supply of ryo in their pockets. This is 'more than offsetting prior declines' so these customers buy more products and it seems they come back more often. Hmph not that I can relate since I am always low on cash!
Higher Average Unit Retails? Wow!
These young gen z and millennials customers they are returning with higher purchase frequency and higher retention rates than the previous year. They are also influencing the older generations! So they are not just buying more often but they are buying higher priced products now that is what I call a great customer. I wish I had them as allies in my ninja squad! HA!
The Moral of the Story? Never Give Up Dattebayo!
So what's the takeaway here? Just like me Coach never gave up! They kept working hard to win over new fans and now they're stronger than ever! This whole thing reminds me of what Jiraiya Sensei said 'A smile is the best way to get oneself out of a tight spot.' So smile buy some Coach and believe it! You might just become the next Hokage... or at least have a really nice bag.
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