Coach, the American maker of high-end luxury goods, announced on Monday that it would buy rival Kate Spade in a US$2.4 billion deal. Photo: AFP

Coach acquires Kate Spade to chase millennial luxury spenders

After months of speculation, it’s now official: Coach is buying Kate Spade. And Jimmy Choo may be next

Topic |   Millennial style

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Coach, the American maker of high-end luxury goods, announced on Monday that it would buy rival Kate Spade in a US$2.4 billion deal. Photo: AFP
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