Fire at Coach HQs in NY

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  1. Not sure if anyone posted this...looks like everyone & everything is OK.

    Thursday, 24 May 2007
    Breaking News: Coach Headquarters Fire
    Posted By:Margaret Brennan
    Topics:Retail Sales
    Sectors:Personal and Household Goods | Retail
    Companies:Coach Inc


    The fire that was blazing on 34th Street and 10th Avenue here in Manhattan on Thursday was indeed the same tower that houses the corporate headquarters of Coach Coach Inc (COH)
    48.66 0.05 +0.1% [​IMG]</IMG>Quote | Chart | News | Profile | Add to Watchlist
    [COH 48.66 [​IMG] 0.05 (+0.1%) [​IMG]]cnbc_quoteComponent_init_getData('COH','WSODQ_COMPONENT_COH_ID0EQAAC15839609','WSODQ',true); at 516 W. 34th St. However, the fire was only a rooftop fire and did not start inside the Coach offices.

    According to Coach spokesperson Andrea Resnick, the fire was contained to the rooftop, where it was brought under control, and the damage was minimal. All of the company systems are up and fully operational. There were no injuries to Coach employees.

    The building does not contain Coach goods; it is only their corporate headquarters. It will be closed tomorrow, but the building was only supposed to be open half a day due to the holiday. The building will be fully operational by Tuesday morning.

    I spoke with Coach sources who are also downplaying the damage, as it doesn't affect merchandise. Coach's main edge right now does seem to be their talent (for example, the excellent merchant Reed Krakoff as president), so the corporate headquarters is of course important, but fortunately, none of the executives or employees were affected.
    FYI -- the original address of the fire was erroneously reported by other news organizations, which is why we now are confirming details of the blaze that happened midday.
  2. HOORAY!:yahoo:
  3. yeah someone already did lol
  4. And the HOORAY is for the safe people and bags, not HOORAY for the fire!
  5. ^^ LOL, i knew what you meant. but if somebody didn't read the artical fully, they might have thought otherwise. hehehehhehe, it's all good though
  6. Wow... so that was what the smoke was about.... i was in the area... glad that everything was ok....
  7. How Scary Im glad nobody was hurt and there was no merchandise there :smile: