May 10, 2017

Coach buys Kate Spade for $2.4 Billion

Jharonne Martis

Recorded on: May 10, 2017

Luxury handbag maker Coach announcing Monday it’s buying colorful and smaller rival Kate Spade, for nearly $2.5 billion dollars, in a move to gain a better foothold in the growing millennial market. Director of Consumer Research, Jharonne Martis talks with Reuters TV.

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