MFF was a gateway drug for me, and probably for many others that find the red pill and move on to FP. There's a large number of people that stick with MFF, though, and never discover deletes, or don't want to pay (for whatever reason) $350 for a bag that was originally $700. I think the proliferation of cheaper (looks and cost) MFF bags, especially the ones that are knock-offs of FP, are what some can point to as holding back Coach's future higher end success.
I wouldn't mind if they made a few simple MFF bags like Coras, Margots, older style Bennetts (ca early 2015, with the nicer handles and chaps, before the redesign with extraneous turnlocks on the ends), etc. As long as the bags are made of the nicer materials they've been using lately on MFF, like pebbled, suede, and glove tanned leathers, and drastically reduce the crossgrain and coated canvas, that is. I like a lot of current MFF slg styles better than FP, and I doubt that I'm alone. Heck, my pebbled leather and suede MFF Minetta is one of my favorite bags (but it is a MFF knock-off, as the Minetta used to be FP). MFF doesn't have to be junk.
Celine,
Gucci, Valentino, and YSL have outlets and are sold at TJ Maxx (at least on the website; I've never been in a runway store, so I have no idea if they're sold in b&m TJM stores). Yet, people don't seem to care as much about them doing it as they do about Coach, for reasons unknown to me. I think it'll be interesting to see how their restructuring ideas play out.