While many U.S. business sectors are being hurt by the rising dollar, there's one that is reaping its benefits.» Read More
The storm has led to the postponement of at least two conferences and quarterly results of several companies, including EMC Corp. The New York Stock Exchange, Intercontinental Exchange Inc, Nasdaq OMX Group Inc and BATS Global Markets were open on Monday and expect to be open on Tuesday. JPMorgan Chase& Co Closed New York. New York and as Ocean City, New Jersey and...
Companies making headlines before the bell Friday:
Still, analysts acknowledged that Stuart Weitzman is a strong brand that could contribute to Coach's overall sales.
Jan 6- Coach Inc will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with fast-growing rivals such as Michael Kors Holdings Ltd and Kate Spade& Co.. Coach, known for its Poppy handbags, said it would buy Stuart Weitzman Holdings from private equity firm Sycamore Partners in a deal...
Companies making headlines ahead of the bell Tuesday:
Jan 6- Coach Inc will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with rivals such as Michael Kors Holdings Ltd and Kate Spade& Co. Companies such as Michael Kors and Kate Spade have eaten into New York- based Coach's market share in North America with their affordable and...
Coach agreed to buy privately held women's luxury shoe company Stuart Weitzman in a deal valued at up to $574 million.
Jan 6- Coach Inc said it would buy luxury footwear company Stuart Weitzman Holdings LLC from private equity firm Sycamore Partners in a deal valued at up to $574 million. Coach said it would make initial cash payment of about $530 million to Sycamore Partners. Coach will also pay up to $44 million in contingent payments to Sycamore Partners on achievement of...
Coach is nearing a deal to buy privately held women's luxury shoe company Stuart Weitzman Holdings for about $600 million.
Jan 5- Accessories retailer Coach Inc is nearing a deal to buy privately held women's luxury shoe company Stuart Weitzman Holdings LLC for about $600 million, according to a person familiar with the matter. Buyout firm Sycamore Partners acquired Stuart Weitzman last year as part of its $2.2 billion purchase of Jones Group Inc, the fashion company that owns...
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Coach shares rise on report of LVMH interest, reports CNBC's Courtney Reagan.
Some of the names on the move ahead of the open.
Asian equity markets traded mostly higher on Friday, cutting the week's losses.
Jackson Wong, Associate Director at United Simsen Securities, discusses news that French luxury retailer LVMH may be eyeing handbag maker Coach.
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Dec 11- Coach Inc shares rose the most in four months, with traders citing a retail industry news website report that French luxury products company LVMH Moet Hennessy Louis Vuitton SA was interested in buying the handbag maker. Coach, founded in 1941 in a Manhattan loft, has reported declining sales for five quarters in a row, losing market share to newer entrants...
Five luxury labels accounted for nearly 70 percent of desktop and mobile market share through August, a report by PM Digital says.