High-end bag maker Coach splurges and buys rival Kate Spade

May 8, 2017
Luxury goods maker Coach announced today it’s splurging. It has agreed to buy rival company Kate Spade for $2.4 billion. Coach has already acquired high-end shoe designer Stuart Weitzman, and with the Kate Spade purchase, it seems it’s on a mission to create a stable of luxury brands. Click the audio player above to hear […]

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