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  1. #1
    \(^.^)/ Jennifer's Avatar
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    Arrow The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    Saw this on WWD.


    WWD reports:
    COACH SPECULATION: More than 13,800 Coach Inc. calls changed hands on Friday, fueled by rumors that French luxury goods conglomerate LVMH Mot Hennessy Louis Vuitton might acquire the luxury accessories marketer, according to OptionsMonster. Typical volume for Coach calls is 2,500 contracts. A Coach spokeswoman said, The company doesnt comment on market rumors. LVMH executives declined comment as well. Although Coach has been the target of mergers talks in the past, market sources noted the firm, founded in 1941, has a long history of preferring to remain independent. Shares of Coach ended Fridays session at $14.06 in heavier than average trading of 10.8 million shares, compared with average daily volume of 7.3 million shares.

  2. #2
    Jacqueline coach-princess348's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    Really?!?
    Great post Jen!

  3. #3
    Karen linvline's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    i hope they are not gonna raise the price!!!
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  4. #4
    *Moderator* vuittongirlxoxo's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    That's a good point Karen. I wonder if there will be massive price increases. Thanks for the info Jennifer, I had no idea.

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  5. #5
    Moderator/Blogger VivaLaJuicy's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    Interesting. Thanks for sharing!

  6. #6
    Bag Junkie navymom's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    I hope this is just a rumor, I think Coach needs to remain independant.
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  7. #7
    Rising Bag Star swtcaro's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    I hope it's just a rumor too. If not, there goes an "affordable" luxury company. Oh well. Maybe not. Maybe they want something in a less expensive market for more market share. We can hope.
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  8. #8
    Official Bagista Sammy's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    Woah. I hope that this is just a rumor.

  9. #9
    Bag Hoarder CalGal98's Avatar
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    Default Re: The Rumor: LVMH Mot Hennessy Louis Vuitton to aquire Coach

    I don't think they'd raise the prices. I think it's more of a way to diversify their holdings and acquire a lower-priced brand that they can market.

    Although I wonder what would happen to the outlets? Since their other brands rarely go on sale and outlet stores of other brands are scarcely located, I wonder if they'd start shutting down the over-saturation of Coach Factory stores.

    It'll be sad to see yet another "American" company sold off. Although does this matter now that most all their bags are made in China?

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