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>> INSIDER WIRE —It was recently rumored that Coach paid Ali Michael $50,000 to appear in their Spring 2009 campaign, and now another rumor has hit the airwaves about the brand — a rumor that, if true, could bring even more money back into the Coach coffers. Although neither party would comment, LVMH is said to be eyeing an acquisition of the accessories brand. [WWD, TFS]
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- Source: Courtesy of Interview Germany
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