Coach Is Spending Half a Billion on These Shoes

last updated 6 January 2015

If you look at the trajectory of Coach over the past year or so, there's a fairly clear path: With the hiring of Stuart Vevers as creative director and the introduction of higher-end leathers to the bag offerings, Coach seems intent on becoming a bona fide luxury brand. The latest premium upgrade: The brand just purchased Stuart Weitzman.

Weitzman's shoes—from barely-there nude sandals to over-the-knee suede boots (shown here)—are hugely popular amongst bloggers, editors, celebrities, and fashion insiders. With the acquisition of the brand, a deal valued at up to $574 million, Coach is set to become a super-strong force in not only the luxury world, but also the street-style world.

For more details on the deal, head over to CNBC. Then tell us: What do you think of Coach's purchase of Stuart Weitzman? Tell us your thoughts in the comments below!

Hailing from the heart of the South and cutting her teeth on the mean streets of New York, Meghan has six years of experience covering fashion, style, celebrities, culture, and human behavior. A longtime devotee of rap music, tacos, and generally perfect weather, she is excited to put down roots in Los Angeles. Her top three style staples are a good pair of cutoff shorts, virtually any kind of colorful digi-print, and a solid set of shades.