No. of Recommendations: 2
I use their products all the time and they are in the same affordable luxury category as Coach. As a matter of fact, I like TUMI handbags (men's) better than Coach men's handbags. They look much better.

TUMI is a public company (Ticker: TUMI). It came public less that 6 months ago and has been trading between the range of 14 and 28. Currently trading around 19.

Today TUMI reported earnings and beat on revenues and met on EPS and guided inline on revs and eps. The stock as it seems looks pretty expensive, but it has all the makings of Coach in a few years. I feel that an investment is TUMI today is like investing in Coach a few years ago. The stock seems expensive though. I plan on opening a small position here and build on any weakness.

Market cap for TUMI is $1.26B. COH, even after its fall has a market cap of $15.7B.

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