Coach Acquires Stuart Weitzman

Content Manager

Coach Inc. announced it is acquiring women’s luxury footwear designer Stuart Weitzman Holdings LLC.  through private equity firm Sycamore Partners.

The transaction will complement Coach’s current leadership position in premium handbags and accessories, while immediately adding to the company’s earnings as it continues to make progress against brand transformation.

“We look forward to advancing the Stuart Weitzman brand’s global development, especially by leveraging Coach’s international infrastructure and expertise in handbags and accessories,” said Victor Luis, chief executive officer of Coach, Inc. in a press release.

Stuart Weitzman markets its products in specialty and department stores worldwide and in its own retail stores in the U.S. and Europe.  It has realized net revenues of approximately $300 million for the 12 months ending Sept. 30, 2014.

Stuart Weitzman has experienced robust growth with sales growing at a 10% compounded annual rate driven by distribution, ecommerce and same store sale gains.  It has also gained increased global recognition through key celebrities.

Stuart Weitzman has developed a global multichannel distribution network including directly operated stores in the U.S. and Europe, international licensed stores and shop-in-shops and a significant global wholesale business with the brand currently available in 70 countries.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.