Guru Tom Gayner (Trades, Portfolio), CEO of Markel (NYSE:MKL), sold his 54,000-share stake in Coach Inc. (NYSE:COH) in the first quarter.
Started in 1941 as a family run workshop in New York City, Coach was a pioneer in leather goods, establishing itself as the original American house of leather during the second half of the 20th century. Its products include women's and men's bags, women's and men's small leather goods, business cases, footwear, wearables including outerwear, watches, weekend and travel accessories, scarves, sunwear, fragrance, jewelry, travel bags and other lifestyle products. Coach operates in two segments, North America and International. Continue Reading »