child

1. Law: Person under the age of 1

2. Medicine: In general (for the purpose of dosage) a person ten years of age.

3. Travel industry: In general, person over two years and below twelve years of age.

Coach, which we originally bought in 2002, is the poster child of tapping into this global trend of consumers wanting to trade up in the quality and style of what they buy. Through strong or weak economies, we think that companies that provide affordable luxury, who give the average person the chance to indulge in a special treat, will be extremely well rewarded in years to come.

• Parenting and Technology