Is Coach a luxury brand?

Have you ever wondered if Coach is truly a luxury brand? On one hand, their products are often seen in high-end boutiques and department stores, and they carry a price tag that may seem steep to some. However, when compared to other brands that are undeniably labeled as luxury, such as Chanel or Hermes, Coach's prices can seem more accessible. So, what sets Coach apart? Is it simply a matter of perception, or does the brand offer something unique that truly merits the luxury label? Let's delve into this question and explore the various factors that contribute to a brand's status as a luxury label.