Flash Report 3 minutesRegister for Free AccessCoach to Acquire Kate Spade for $2.4 Billion Coresight Research May 9, 2017 Executive Summary Coach announced on Monday, May 8, that it has signed a definitive agreement to acquire Kate Spade for $2.4 billion in an all-cash transaction. The transaction is equal to $18.50 per share, a 27.5% premium to the unaffected closing price of Kate Spade shares on December 27, 2016. The acquisition is part of Coach’s plan to become a multibrand, modern luxury lifestyle company; aside from the Coach brand, it also owns the Stuart Weitzman brand. The company will operate Kate Spade separately from the Coach brand, as it does Stuart Weitzman. Coach management believes that Kate Spade’s strong appeal among millennials, which constitute about 60% of the brand’s customers, will help the company drive future growth. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: What Can Retailers Learn from Shein and Temu?: Insights Presented at RLC Global Forum 2025US CPG Sales Tracker: Homecare and Health Dominate at the Start of 2025US CPG Sales Tracker: Sharp Beauty Rise Drives CPG Growth in December 2024NRF 2025: Retail’s Big Show—Top 10 Tech Themes, from Computer Vision and RFID to AI-Powered Associate Devices