BusinessManufacturingTrade

Former Coach CEO Claims US Manufacturing Can’t Match Overseas Value for Luxury Bags

The former CEO of Coach stated that achieving optimal value in luxury bag production necessitates manufacturing outside the United States. His comments come as companies navigate tariff uncertainties while maintaining global supply chains. Industry leaders remain divided on shifting production to the US amid ongoing trade policy debates.

Overseas Production Essential for Value, Says Former Coach Leader

According to recent reports, the former CEO of luxury brand Coach has stated that producing high-quality bags at competitive prices requires manufacturing outside the United States. Lew Frankfort, who served as Coach’s chief executive from 1985 to 2014, made these comments during a podcast interview with Yahoo Finance’s Opening Bid, sources indicate.

ManufacturingTechnology

UK Government Launches AgriScale Initiative to Boost Agricultural Technology Manufacturing

The UK government has unveiled AgriScale, a targeted initiative to accelerate manufacturing capabilities in the agricultural technology sector. The programme aims to bridge the critical gap between prototype development and commercial-scale production for promising agri-tech innovations.

New Government Programme Targets Manufacturing Scale-Up

The UK government has launched AgriScale, a new initiative designed to accelerate manufacturing capabilities in the agricultural technology sector, according to reports from the Department for Environment, Food and Rural Affairs. Announced by Defra Minister Dame Angela Eagle at the World Agri-Tech Innovation Summit, the programme specifically addresses the challenges companies face when transitioning from prototype to commercial production.