New York design house of modern luxury accessories and lifestyle brands, Coach Inc has acquired its rival Kate Spade & Company for $2.4 billion, a figure “not justified strictly by the numbers” according to the New York Times.
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Coach Bags Kate Spade
Posted on May 15, 2017 By
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A New Year sale for Kate Spade
Posted on January 18, 2017 By
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mergers +
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Wall Street Journal
Earlier this month, the Wall Street Journal reported that US-based handbag and apparel designer Kate Spade is considering a potential takeover bid. The news comes just a couple of months after a US hedge fund, Caerus Investors, urged the fashion house to consider a sale in light of the falling price of its stock when compared to its peer group.
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