1. Coach Snags Rival Kate Spade for US$2.4B

    Coach Snags Rival Kate Spade for US$2.4B

    BERLIN (BLOOMBERG) - Coach Inc agreed to buy handbag maker Kate Spade & Co for US$2.4 billion following months of talks, helping the luxury brand cope with an industry racked by deep discounting and sluggish demand. The US$18.50-a-share transaction represents a premium to Kate Spade's price when deal speculation first surfaced in December, but it's well below the amount investors were betting on in more recent months...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, Competitor Corner, In the News, Member Report, Partner Publications, Question of The Week, Sponsored Content

    1. Coach's extensive experience in opening and operating specialty retail stores globally, and brand building in international markets, can unlock Kate Spade's largely untapped global growth potential.
  3. Topics Mentioned