NEW YORK — Coach Inc. has declared a 2-for-1 stock split, effective on or about Oct. 1 for shareholders of record Sept. 17.
The split will be made in the form of a special dividend in which shareholders will receive one share of Coach stock for each share currently held, increasing the number of shares outstanding to about 183 million.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)