Monday, May 8, 2017

Coach will acquire handbag maker Kate Spade for $2.4 billion

In this Friday, Nov. 27, 2015, file photo, shoppers wait in line outside a Coach factory outlet store at the Cincinnati Premium Outlets, in Monroe, Ohio. Coach is buying rival luxury handbag, clothing and accessories company Kate Spade in a deal valued at $2.4 billion as it looks grab more millennial shoppers, announced Monday, May 8, 2017.
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