Coach makes some great, high-quality products. Their leather bags are always stylish and long-lasting, so they're a great choice for an everyday purse (especially if you can pick one up at the outlet store). Some of their accessories, on the other had, are a bit... excessive. For example, they have lots of little keychains and charms to hang on your handbags priced at $50 and even $60. You could buy another bag for that much!
That said, I can't get over how adorable their new Owl Keyfob is. This little guy is made of leather, with naturally dyed calfhair covering his wings and Coach's signature logo fabric on his belly, but those eyes are what make him hard to resist. $40 for a keychain isn't that bad, is it?