Check out the companies making headlines after the bell Monday: Anadarko, Brinks, Tenet & more.» Read More
Jan 29- Coach Inc posted a better-than-expected quarterly profit as demand for its Poppy handbags rose in China, a key market, sending the company's shares up 9 percent in premarket trading. The company said sales in China rose 13 percent on a constant-currency basis in the second quarter ended Dec. 27. Net income fell to $183.5 million, or 66 cents per share, from...
After years of fueling the growth of luxury labels, there are signs that the global high-end consumer is starting to cool.
While many U.S. business sectors are being hurt by the rising dollar, there's one that is reaping its benefits.
U.S. stock index futures signaled a sharply lower open as major U.S. corporates missed fourth quarter earnings expectations.
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...
There's a lot of money at stake in the corporate cloud industry.
As Box's CEO Aaron Levie prepares to take his company public, he knows there are many rivals, public and private, gunning for his business.
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...
Luxury fashion brands sashayed their way to substantially more YouTube views in 2014, but they still have a lot of runway ahead.
Categorizing shoppers by their age, sex and net worth isn't enough to get a real gauge on luxury buyers.
Retail experts Joseph Feldman and Paul Swinand name their retail winners and losers and give insight on retail's outlook for 2015.
Coach shares rise on report of LVMH interest, reports CNBC's Courtney Reagan.