Category: Business
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Coach Completes Acquisition of Kate Spade & Company
Coach, a leading New York-based house of modern luxury accessories and lifestyle brands, announced that it has completed the acquisition of Kate Spade & Company for $18.50 per share in cash for a total transaction value of $2.4 billion. As previously announced, the $2.4 billion purchase price has been funded by a combination of senior…
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Paris’s Colette – ‘the trendiest store in the world’ – set to close
The concept boutique known for unexpected collaborations and being the only shop that Karl Lagerfeld claims to frequent will shut up shop in December
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Electric cars to account for all new vehicle sales in Europe by 2035
Falling battery costs to drive sales but European carmakers will lose out to rivals in the US and Asia, forecasts Dutch bank
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Burberry drops plans to redevelop Leeds mill despite pick-up in sales
Luxury brand insists it is committed to city, where it is moving 300 head office jobs, as it also delays decision on new factory
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Six Senses to open its first resort in Switzerland: The project offers residences for sale to foreigners
This project will offer an amazing selection of outdoor activities including onsite ski-in and ski out access plus a rich wellness offering. Upon completion, the 47–room Six Senses Crans-Montana will operate under a long-term management agreement. The resort marks a significant milestone for Six Senses development and will be in one of the region’s most…
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High living, low sales: Shard apartments still empty, five years on
Luxury flats with a price tag of up to £50m were touted as an easy sell – yet have failed to shift as the London market slows