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decrease of 7%. On a constant currency basis sales declined 5% for the quarter. Net income for the quarter totaled $191 million, with earnings per diluted share of $0.68. This compared to net income of $239 million and earnings per diluted share of $0.84, in the prior year's third quarter.
In the report, Victor Luis, Chief Executive Officer of Coach, Inc., said:
During the third quarter, total sales declined as weakness in our North American women's bag and accessories business continued to coach purse on sale
offset strong growth coach purses clearance sale in men's, footwear, and robust sales gains in Asian markets and Europe. Our business in North America remained challenging in the alpine coach crossbody bags on sale coach for sale
period, exacerbated by the weather and shift of the Easter holiday. We experienced sharply lower traffic levels in our stores while our internet results were impacted by our strategic decisions to eliminate third party events, as well as limit the access and invitations to our factory flash site. At the same time, China results remained resilient with total sales growing over 25% and comparable store sales rising at a double digit rate. Importantly, we continued to advance our transformation initiatives across all consumer coach bags on sale
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