2024 Author: Steven Freeman | [email protected]. Last modified: 2023-12-17 08:15
The popularity of Kate Spade's handbags seems not to have helped the brand stay afloat. Luckily Coach Inc. came to the rescue before the company, renowned for its colorful and modern designs, went bankrupt.
Kate Spade, popular with millennials, had been seeking to sell the company since last December due to market demands, where they competed with countless brands of equal accessibility.
"[This purchase] allows us to go after other types of clients," the executive director of Coach explained in an interview.
It was its popularity among young people not only in the United States but also in Europe and Asia, which motivated Coach Inc to pay a few years.
To the displeasure of many customers, the new owners of the popular brand will reduce the specials, as well as the distribution of the merchandise to give it more prestige.
Apart from limiting the offerings, the strategy will also focus on expanding the brand in Europe and Asia.
While the changes happen, take advantage of the specials that Katespade.com still has.
Recommended:
Cardi B Buys A Spectacular Mansion In Atlanta. The Pictures
Cardi B and Offset buy their dream home in Atlanta for Christmas
Ozuna Buys A Private Plane
Ozuna joins the list of reggaeton players who buy their own private plane
Alicia Machado Buys In Dollar Stores
Former Venezuelan Miss Universe Alicia Machado happy to save money, uses the aisles of a store as a catwalk
13-year-old Son Buys A Car From His Mother
A 13-year-old boy worked to buy his mother a car
6-Year-Old Girl Secretly Buys Nearly $ 400 Worth Of Toys From Her Mom's Amazon Account
Though she is only 6 years old, Katelyn Lunt knows how to "treat yo self" a little too well! After Katelyn spent a recent day doing extra chores around the house, mom Catherine Lunt surprised her by ordering a Barbie doll from Amazon - a token of appreciation for a job well done.
