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In this Tuesday, May 31, 2016, file photo, Coach CEO Victor Luis speaks at the opening ceremony for his company's installation as the first tenant at 10 Hudson Yards, in New York. The storied Coach brand is changing its name to Tapestry, it says to better incorporate all of the goods it sells. Coach Inc. will change its New York Stock Exchange ticker symbol from “COH” to “TPR” on Oct. 31, 2017. (AP Photo/Mark Lennihan, File)

In this Tuesday, May 31, 2016, file photo, Coach CEO Victor Luis speaks at the opening ceremony for his company's installation as the first tenant at 10 Hudson Yards, in New York. The storied Coach brand is changing its name to Tapestry, it says to better incorporate all of the goods it sells. Coach Inc. will change its New York Stock Exchange ticker symbol from “COH” to “TPR” on Oct. 31, 2017. (AP Photo/Mark Lennihan, File)

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