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CNBC's Reagan Explains Why Coach and Ralph Lauren are Crushing Other Luxury Brands

Retail reporter Courtney Reagan appeared on CNBC's "Closing Bell" Wednesday to talk about why Coach ( COH) and Ralph Lauren (RL) are trumping other luxury brands this earnings season.

"What is interesting is they are both going through transformations and part of that transformation has to do with reigning back in that image," Reagan said.

Earlier today, New York-based luxury handbag maker Coach announced it will close 25% of its North American department store locations to focus its attention on...