When Reed Krakoff joined Coach sixteen years ago, the brand was an iconic, yet relatively sleepy force in the fashion industry. Today the designer announced his decision to step down from his post, and Coach has transformed into a $4.76 billion behemoth contemporary accessories brand, boasting over $1 billion in sales per year and the kind of mass appeal that makes its logo ubiquitous from the malls of Middle America all the way to Madison Avenue.
Love ‘em or hate ‘em, Coach handbags are consumer catnip, and we’ll be watching with interest to see where the brand goes next. For now, however, let’s take a look back at the legacy Krakoff will leave behind when he moves on to focus on his eponymous luxury line in 2014:
this is some kind of spaceship or something.