• About Us
  • Advertise Route
Monday, October 2, 2023
  • Login
OloriSuperGal
  • News
    • Business
    • Features
    • Opinions
    • Sports
  • Entertainment
    • Showbiz
    • Celebrity
    • Music
    • Movies
    • Interviews
  • Lifestyle
  • Fashion & Beauty
    • Style
  • Travel
  • Events
  • OSG ZA
No Result
View All Result
  • News
    • Business
    • Features
    • Opinions
    • Sports
  • Entertainment
    • Showbiz
    • Celebrity
    • Music
    • Movies
    • Interviews
  • Lifestyle
  • Fashion & Beauty
    • Style
  • Travel
  • Events
  • OSG ZA
No Result
View All Result
OloriSuperGal
No Result
View All Result

Kate Spade up for Sale, Michael Kors & Coach Set to Buy

by AYOMIDE AJALA
February 1, 2017
in Fashion & Beauty, News
0 0
0
Kate Spade
Share on FacebookShare on Twitter

Accessible Luxury handbag company Kate Spade & Co is up for sale, and according to market reports, fellow competitors Michael kors and Coach are waiting in line to buy the label. The question on everyone’s lips is, which company is best positioned to make the acquisition? As both brands are struggling with a stagnating global handbag market. Does the deal even make any sense for either one of them?


Kate Spade

RelatedPosts

Bola Ahmed Tinubu, President of Nigeria

Tinubu Announces Six-Month Wage Increase for Low-Income Workers

October 1, 2023
Tinubu Vows to Crush Terrorism, Poverty in Nigeria

Tinubu Vows to Crush Terrorism, Poverty in Nigeria

October 1, 2023

 

Kate Spade decided to put the company up for sale after US hedge fund Caerus Investors urged the brand to consider selling. This came as a result of the brand’s inabily to achieve comparable profit margins in comparison to its rivals, Kate Spade’s gross profit margin was 59.4 percent, compared to 69.8 percent for Coach over the same period.

Acquiring Kate Spade will actually aid the growth of Kors and Coach, but there are other factros to consider, the declining department store sales, amd the stagnating global sales of handbags. It has been reported that Coach is better equipped to buy the brand as Michael Kors has made no acquisiytions in the past, and the former is doing better financially in the market. But it will still be a good way to expand both brands, only time will tell.

 

 

Tags: Coachfashion newskate spademichael kors
ShareTweetSend
Previous Post

Slick Charly Boy Cuddles Daughter Dominique In New Photo

Next Post

Man Accused of Laundering Billions for Alison-Madueke Has Been Linked With Buhari Government

AYOMIDE AJALA

Content writer / Digital media strategist

Next Post
Alison Madueke alleged to have paid in money to fidelity Bank

Man Accused of Laundering Billions for Alison-Madueke Has Been Linked With Buhari Government

In UK, Nigerian Mum Who Gave Birth to Quadruplets on a Plane Can’t Pay Her £500,000 Bill

In UK, Nigerian Mum Who Gave Birth to Quadruplets on a Plane Can’t Pay Her £500,000 Bill

Man Rapes 2-Year-Old Girl To Coma in Lagos

Police Arrests 4 Men For Raping 11-yr-old Girl in Ibadan

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Popular Today

  • Bola Ahmed Tinubu, President of Nigeria

    Tinubu Announces Six-Month Wage Increase for Low-Income Workers

    0 shares
    Share 0 Tweet 0
  • Brymo Defends Sex-for-Music Request From Simi, Calls it an “Artistic Pursuit”

    0 shares
    Share 0 Tweet 0
  • Picture: Aki and his Bride

    0 shares
    Share 0 Tweet 0
  • Picture: Aki and his wife

    0 shares
    Share 0 Tweet 0
  • SERAP Sues 36 Governors for Failing to Account for N72 Billion Palliative

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
ADVERTISEMENT

OSG is focused on creative digital media and consulting on groundbreaking and appealing content.

© 2023 OSG-OloriSuperGal - All Rights Reserved

No Result
View All Result
  • News
    • Business
    • Features
    • Opinions
    • Sports
  • Entertainment
    • Showbiz
    • Celebrity
    • Music
    • Movies
    • Interviews
  • Lifestyle
  • Fashion & Beauty
    • Style
  • Travel
  • Events
  • OSG ZA

© 2023 OSG-OloriSuperGal - All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist