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COACH TO ACQUIRE KATE SPADE IN $2.4 BILLION DEAL

After months and months of speculation, Coach Inc. announced today that it will acquire rival handbag and accessory brand Kate Spade & Company, in a sweeping deal for a cool $2.4 billion. The move will put Coach, Kate Spade and Stuart Weitzman (bought by Coach in 2015) under one roof and …

The post COACH TO ACQUIRE KATE SPADE IN $2.4 BILLION DEAL appeared first on Accessories Magazine.

Industry NewsPosted on: May 8, 2017

FABB 2017 PARTY PIX AND AWARDS

Everyone was feelin’ FABB at the 28th Annual Fashion Accessories Benefit Ball, held Monday, May 3rd at Chelsea Piers’ Pier 60. The event was attended by hundreds of top industry powerhouses, retail management and buyers from all the major stores and manufacturers in accessories. FABB has raised over $15 million for charities over the …

The post FABB 2017 PARTY PIX AND AWARDS appeared first on Accessories Magazine.

Industry NewsPosted on: May 8, 2017

ATSG’s net earnings, revenues soar in Q1

The aircraft leasing and air cargo transportation provider reported net earnings of $10 million on revenues of $237.9 million for the first quarter of 2017.

Shipping NewsPosted on: May 8, 2017

DP World inks MoU with India’s National Investment and Infrastructure Fund

The agreement will enable the global port terminal operator to invest in and develop India’s maritime infrastructure and economic trade zones over the next several years, DP World said in a statement.

Shipping NewsPosted on: May 8, 2017

Big containerships arrive on both coasts

Both the Port of Vancouver in British Columbia and the Virginia Port Authority have hosted record-size container vessels at their terminals in recent days.

Shipping NewsPosted on: May 8, 2017

European Commission approves Toyota-Vanderlande deal

The European Commission has given the green light for the acquisition of the Netherlands-based Vanderlande by Toyota Group subsidiary Toyota Industries Corp., less than two months after the agreement was announced.

Shipping NewsPosted on: May 8, 2017

Executive Moves: Roadrunner, Flexport, Logistec and Celadon

Roadrunner unveils new management team, Flexport hires senior vice president and global head of airfreight, Logistec appoints executive vice president, and Celadon names president and chief operating officer, and president of Celadon Trucking.

Shipping NewsPosted on: May 8, 2017

Great Lakes iron ore shipments rise in April

Iron ore shipments on the Great Lakes and St. Lawrence Seaway totaled 5.8 million tons in April 2017, topping the month’s five-year average by almost 21 percent, according to the Lake Carriers’ Association.

Shipping NewsPosted on: May 8, 2017

Atlas Air posts flat Q1 results

The air cargo services provider reported an income from continuing operations, net of taxes, of $0.04 million for the first quarter of 2017, compared to $0.5 million for the corresponding period in 2016.

Shipping NewsPosted on: May 8, 2017

CargoLogicAir receives third Boeing 747 freighter

Acquired from AerCap, the Boeing 747-400ERF cargo plane joins two other freighter aircraft in CargoLogicAir’s fleet out of the United Kingdom.

Shipping NewsPosted on: May 8, 2017

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Gemini Shippers Association

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Fashion Accessories Shippers Association

www.fasa.nyc

137 West 25th Street, 3rd Floor
New York, NY 10001
info@fasa.nyc
212-947-3424