Tim Walker Flashes Julia Garner, Kiki Layne + Sadie Sink In Kate Spade SS 2019 Campaign

Tim Walker Flashes Julia Garner, Kiki Layne + Sadie Sink In Kate Spade SS 2019 Campaign

Actors Julia Garner, Kiki Layne and Sadie Sink front Kate Spade’s Spring/Summer 2019 Campaign. Sara Moonves styles the trio in quirky, vivid images by Tim Walker, photos that captures the DNA the brand is known for. / Makeup by Sam Bryant

Coach Acquires Kate Spade For $2.4 Billion

Coach will buy handbag and accessories brand Kate Spade for $2.5 billion, an acquisition already approved by both boards of directors. 

Coach CEO Victor Luis said he planned to "unlock Kate Spade's largely untapped global growth potential" and that the acquisition provides "an additional vehicle for driving long-term, sustainable growth.” The purchase also gives Coach a prestige brand with a strong Millennial following and potential to capitalize on recent success expanding into lifestyle categories like home furnishings. 

Coach is also focused on its own brand, with a strategy of running fewer promotions and pulling out of discounting department stores like Macy's and Lord & Taylor. The company will employ the same strategy with Kate Spade by reducing online flash sales and its wholesale presence.

Kate Spade is the second major acquisition by Coach, who bought designer shoe brand Stuart Weitzman in 2015.

Coach Launches Rodarte Collaboration In April As Buzz Builds For Kate Spade Purchase

Actor Sasha Lane wears dress from Coach x Rodarte Collection April 2017

Coach Launches Rodarte Collaboration In April As Buzz Builds For Kate Spade Purchase