New York, January 06, 2015 -- Moody's Investors Service today stated that Coach Inc. ("Coach" -- (P) Baa2/stable) announcement that it has agreed to acquire Stuart Weitzman (B3 stable) is viewed as a credit positive for Coach. We expect this transaction to be immediately accretive to earnings and is considered complementary to Coach's existing business. There is no immediate impact on Coach's (P) Baa2 senior unsecured shelf rating or the stable rating outlook.

Vollständigen Artikel bei Moodys lesen