Kate Spade News
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Jana Partners LLC, the $5 billion activist hedge fund run by Barry Rosenstein, said Rockwood Holdings Inc., the specialty chemicals maker seeking to exit businesses, may be worth $80 a share in a takeover.
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VirnetX Holding Corp. said it filed a request for a new trial after losing a patent-infringement lawsuit against Cisco Systems Inc.
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The skyline of the city of Herat, in the westernmost corner of Afghanistan, is dominated by the Qala Ikhtyaruddin, a 700-year-old stone citadel. On a chilly December afternoon, as the sun begins to dip, the citadel’s grounds are largely unoccupied. The general public isn’t allowed in until renovations to the time-ravaged site are finished. Paid for in part by a $725,000 grant from the U.S. government, the project is scheduled to be completed at the end of 2011.
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Even after losing more money last year than any other U.S. clothing retailer, Liz Claiborne Inc. could still be a bargain in a takeover.
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Coach Inc.’s handbags and heels are offering buyers one of the biggest bargains among luxury brands.
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Coach Inc., the largest U.S. luxury- handbag maker, named Victor Luis, head of the company’s international business, to succeed Chief Executive Officer Lew Frankfort next year.
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Coach Inc.’s plan to become a lifestyle brand is missing one key ingredient: a story it can wrap around a larger-than-life founder like a Michael Kors, Tory Burch or Ralph Lauren.
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A crowd of hundreds of thousands of people, including warmly dressed women with American flags stuck in their hair, a smattering of celebrities and many Republicans, gathered yesterday to witness President Barack Obama take his second oath of office on the steps of the U.S. Capitol.
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For years, Brazilians coveting a Coach bag or Tiffany diamonds boarded flights to places like New York and Miami. Now American luxury is coming to them.
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Liz Claiborne Inc. surged the most since 1987 after announcing a plan to sell brands including its namesake to J.C. Penney Co. and rename the company to focus on the Juicy Couture, Kate Spade and Lucky Brand lines.
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