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The Coca-Cola Co Launching the First Alcoholic Drink

The Coca-Cola Co Launching the First Alcoholic Drink

The Coca-Cola Co (NYSE: KO) announced that it is launching the first alcoholic drink in its history with a canned liquor product in Japan. The country is one of the company's most competitive and fast changing markets. It says it launches about ..

Coach to Become Tapestry Inc.

Coach to Become Tapestry Inc.

 On Wednesday, Coach Inc. (NYSE: COH) announced plans to change their corporate name to Tapestry Inc. Shares dropped 2% in early trading after the announcement that Tapestry will be the holding company that will house their Coach, Kate Spa..

Michael Kors buys Jimmy Choo for $1.2 Billion

Michael Kors buys Jimmy Choo for $1.2 Billion

According to Reuters, U.S. retailer Michael Kors Holding Ltd (NYSE: KORS) agreed to buy luxury shoemaker Jimmy Choo PLC for $1.2 billion, snapping up a British company whose towering stilettos have been made famous by celebrity customers f..

George Clooney, Partners Sell Casamigos for $1 Bln

George Clooney, Partners Sell Casamigos for $1 Bln

The U.S. tequila brand, Casamigos, which was co-founded by George Clooney, will be sold to Diageo Plc (NYSE: DEO) for $1 billion dollars.Clooney and his partners, Rande Gerber and Michael Meldman, founded the company on a whim. In a Business Insider..

Molson Coors Continues to Slip

Molson Coors Continues to Slip

Early on trading day Molson Coors Brewing company (NYSE: TAP) slipped over 10% and seemed to bounce around today. It may be continued effects of the weak EBITDA guidance of June 7th in addition to the edited transcription of their earnings presentat..