Coach feeling the pinch … wah wah wah.

I’m not sure if I feel badly for a company that sells purses that cost $300 or more. Coach reported a decline of 14% for last quarter, and now says it may actually have to lower prices of some handbags into the $200-$300 range.

I still won’t buy one. In fact, I’d probably yell at anyone who spent the money on one for me. If you know me, you know I don’t follow any trends and I don’t have to have brand-name, designer duds. In fact, I get my kicks by going to Kohl’s and getting 20% to 30% off my purchase. That makes me happier than having an expensive purse!

Something I will never understand is the fascination with “names.” To me, it just shows that a fool and his (or her, as the case may be) money are soon parted!

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