NEW YORK--(BUSINESS WIRE)--Fitch Ratings does not expect any rating implications following Coach, Inc.'s (Coach) announcement to acquire Stuart Weitzman Holdings LLC, a leading designer and manufacturer of women's luxury footwear. Coach will pay approximately $530 million upfront and another $44 million to Sycamore Partners contingent upon the successful achievement of selected revenue targets over the three years following the closing of the acquisition anticipated to close by May 2015. Fitch
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