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If the Shoe Fits: Coach buying Stuart Weitzman for $530M

2015-01-07 01:20:11| Apparel - Topix.net

The luxury handbag and accessories company is buying Stuart Weitzman Holdings LLC from private equity firm Sycamore Partners for about $530 million. Coach Inc. will also make up to $44 million in contingent payments to Sycamore Partners if certain revenue targets are hit over the three years after the deal closes.

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