Coach Intends To Invest $600 Million To Acquire Stuart Weitzman

According to sources, Coach Inc. (NYSE:COH) Cox group will buy high-end women's clothing for $600 million.

Brand Stuart Weitzman Holdings LLC, the paction is expected to be announced the fastest in this week.

As early as the beginning of December last year, there were reports that many companies competed for Jones Group Inc., Jones group's women's shoes brand Stuart Weitzman.

Sycamore Partners LP, a private Holdings Company, bought the Jones Group Inc. Jones group of US apparel manufacturers in December 2013 for $2 billion 200 million (including $1 billion debt). In August 2014, it hired Goldman Sachs Group Inc (NYSE:GS) Goldman Sachs and Group (Citigroup) Citigroup to sell the company's "Partners" to raise funds for the purchase of other clothing and footwear retailers such as the company.

If WSJ quotes are true, the $600 million price of Stuart Weitzman is much lower than the $1 billion valuation quoted by the former news agency, which is roughly equivalent to 6-7 billion dollars quoted by the source.

In addition to Coach Inc. (NYSE:COH), the Brown Shoe Company Inc. (NYSE:BWS) and at least one private Holdings Company are interested in acquiring Stuart Weitzman Holdings.

Stuart Weitzman Holdings LLC has about 45 stores in the US market, and there are 61 stores and 10 stores in the international market.

and

The annual sales amount is about 300 million dollars.

Stuart Weitzman Holdings LLC will make a conscious addition to the Coach Inc. (NYSE:COH), which is committed to pforming the leather brand into lifestyle brand, because shoes are exactly what the Coach Inc. (NYSE:COH) Cox group focuses on in the pformation process.

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London's men's week is coming 2015 this autumn.

When it comes to London, we must say that the old British Mulberry.

Since the departure of the former Designer Director Emma Hill in June 2013, the brand has been looking for the right person for the vacancy.

Who will become the ultimate redemption of Mai Baorui (Mulberry), who has been vacant for 18 months? Announced in November 27th last year that designer Johnny Coca will formally join Bao Rui Mulberry in July 8, 2015, and appoint the brand new creative director to be responsible for the whole series of Bao Rui (Mulberry), including garments.

The industry also agrees that Johnny Coca will bring fresh vitality to Mai Baorui (Mulberry).

And Johnny Coca has been Si Lin (Celine) brand accessories design director, responsible for leather goods, shoes, sunglasses and jewelry series.

Famous masterpieces such as Luggage, Phantom and Cabas are selling well.

But in recent years, "brand upgrading" strategy has obviously made the brand tired.

The Johnny Coca, the most popular accessory, will take office in July. The market will have to wait until spring and summer in 2016. When it comes to Johnny Coca, it will bring new changes to Mulberry.

It is concluded that 2015 will be the dark era for brands to welcome the dawn.