I adore Coach. My newest soul-mate bag is the Coach Edie, complete with stagecoach logo:

Hopefully, it's an example of the new designer's work. The leather is incredible.
Late to the party, apparently, I just visited my FIRST Coach outlet last week. I'm not an outlet shopper, thinking they have made-for-the-outlet items rather than first run. But, only 20 minute away in the East Bay Area, California, the Livermore Premium Outlets opened last year. I just went for a Dooney special on accessories and discovered the Coach store down the aisle.
This outlet has a special section for first-run Coach bags, separate from the made-for-outlet items. This week they were doing 30% off all items on Clearance AND 50% off anything in the store. I picked up an incredible large leather tote ($598 retail) on a $229 table, now 50% off. Heaven.