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Coach Stock's Comeback Isn't Over Yet — Here's Why

Luxury goods makers such as LVMH Moet Hennessy Louis Vuitton, Michael Kors and Kate Spade (KATE) are bracing themselves for another slow year of business.

According to Bain & Company's spring luxury update, the global personal luxury goods market, including leather accessories, fashion, hard luxury, and fragrance and cosmetics, grew only 1% in real terms last year.

A weak U.S. holiday season, the slowdown in China and lower tourism across Europe on the back of recent attacks were key contributors to the lackluster growth.

These events are...