Coach does not have explicitly defined "clearance stores." However, Coach has factory outlet stores where handbags and other Coach items can be purchased at significantly lower price points than in department stores and regular Coach stores.
Coach factory outlet stores primarily carry items that have gone on clearance at regular Coach stores as well as bags made especially for factory outlets. Sales on the online factory outlet website are by invitation only and have buying restrictions to prohibit members from buying items for resale. Coach items also frequently go on clearance at department stores where they are carried, such as Macy's and Nordstrom.