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Megabus parent company Coach USA files for bankruptcy

Jun 17, 2024
Bus ridership fell early in the pandemic and hasn't fully bounced back.
“We lost somewhere between 40% and 50% of the industry,” because of the pandemic, says Peter Pantuso, CEO of the American Bus Association.
Michael M. Santiago/Getty Images

High-end bag maker Coach splurges and buys rival Kate Spade

May 8, 2017
Luxury goods maker Coach announced today it’s splurging. It has agreed to buy rival company Kate Spade for $2.4 billion. Coach has already acquired high-end shoe designer Stuart Weitzman, and with the Kate Spade purchase, it seems it’s on a mission to create a stable of luxury brands. Click the audio player above to hear […]

Quiz: How do consumers feel about luxury handbags?

Aug 5, 2015
High-end brands can't get a handle on post-recession sales.

Coach's new shoes: Stuart Weitzman

Jan 6, 2015
Luxury brand makes a half-billion dollar move to acquire footwear company.