Coach to Buy Kate Spade for $2.4 Billion: Here’s What It Could Mean for Handbag Buyers

The rumors had been swirling for months, and yesterday it finally all came together: American accessories giant Coach has agreed to a price of $2.4 billion to acquire competitor Kate Spade, according to Bloomberg. Coach CEO Victor Luis has previously expressed his desire to expand Coach into a multi-brand powerhouse akin to Europe’s luxury conglomerates … Read more