AdvertisementCoach Announces It Is Buying Kate Spade In $2.4 Billion DealMay 08, 2017Merrit KennedyfacebookEmailPurses hang in the window of a Kate Spade store in New York City's SoHo neighborhood. The $2.4 billion deal with Coach aims to "create the first New York-based house of modern luxury lifestyle brands." (Getty Images)