aeropostale -- what is stuart weitzman?50/50 boots with the leather in front -- >> are they midpoint? >> know, pretty expensive. midpoint in your world. >> i am pretty curious about code. scott galloway, i just look for #coach on twitter, and what i found was lujan is the star of a korean boy band at a coach store opening in seoul. julian emanuel a big fan. he will do moves in a second. we talk about slump, but this is still globally a very valuable brand. >> you say that as if we did not know about lujan. i think coach is a great brand and has been counted out. rumors of its death are or exaggerated. michael kors has done a great job. let's get coach to come back. i like this acquisition, too. >> this is your wheelhouse, professor galloway. it is about 6% or 7% of sales will stop why did they buy a stuart weitzman, as the honorable -- as venerable as they are, why did they need a bootmaker? >> a lot of these great especially retail brands, form on the back of choose was up jimmy chu, louis vuitton, kenneth cole started out

coach and stuart weitzman.dea of buying aol or any nonmedia company for that

coach is buying designer footwear brand stuart weitzman. they said that deal valued up in total.y boy? >> i keep saying it's a state of mind. i'm sticking with that. it doesn't matter. it's a state of mind. coming up -- you'll see. enjoy it. because it's wasted on the young. >> happy birthday. >> thank you, thank you. >> no birthday worth looking forward to after you turn 21 anyway. >> can we go 41 at least? see that is just further away from me. see? a seasoned pro on the path for the new congress. former house majority leader -- no way. he's here? >> in the flesh. >> wow. >> leader eric cantor will join us for the rest of the hour. and later, key reads on the auto and real estate sector. new numbers on december car sales and the latest evidence of rising home costs. >>> the 114th congress convenes today. for the first time during the obama presidency the republicans have control of both chambers of the house. eric cantor has a message for them in his latest op-ed found on cnbc.com. do people -- do they walk around and call you hey leader. are you once a leader always a leader?

. >>> coach could be looking at akwierting stuart weitzman.ch, which is known for its leather handbags, has struggled to keep up with fast growing rivals such as kate spade and michael kors. coach is down 35% in the past year. wilfred, back to you. >> lannon thank you very much 37. >>> before we go to break, these are your headlines at this hour. global markets follow wall street sharply lower. a mixed debut for premarket trade. crude, now below $50 a barrel with brent slipping nearly 3%. >>> deal or no deal? aol and verizon won't comment on speculation of a tie-up in the works. >>> let's have a quick look in on european markets. the broader index is down 0.6%. the ftse 100 is the laggard down 1. 2%. italy, bucking the trend d today, up 0.5% partly because yesterday it fell more sharply than the other markets which were down significantly. >>> and following data out this morning, let's take a look at the u.s. futures following that sell-off for the s&p and the dow. the dow jones industrial up about 2 points in pretty market. s&p 500 down about

this is an almost $500 boot by stuart weitzman. difference is 500 to 74.99. get it at bonton.com. let's go to our weekend looks. >> thank you, twins. >> another set of twins coming up. katie and christie. >> ski town walk around. >> a boot that's popular with celebs. >> it is. >> i think the park city is happening right now. >> sundance you'll see a lot of celebs wearing this. the high-end version. the style is very functional. >> the style is very functional. can you find them at a lot of different price points and want to talk about our model on the left that would be katie, yes. okay so audience katie -- >> is she the save or splurge? what do you think? >> okay. >> so -- >> they think she's the save. >> and she is -- okay. >> i was with you on that one. >> as lara was saying the higher end is the sorrell, $150 miss katie is in a boot by kmart for 34.99. >> i like them. >> ter a little lighter but you can take dish soap and clean those suckers off. >> do we have time for one last look. >> really quick. >> going out, mel and going

so, this is an almost $500 boot by stuart weitzman.so the difference is 500 to 74.99. you can get the save item at bonton.com. that's our work look. let's go to our weekend looks. >> thank you, twins. and another set of twins coming up. >> here they come. >> this is katie and kristie. >> find yourself in a ski town, you walk around. >> a boot that's popular with celebs. >> it is. >> i think park city is happening right now. >> sundance is coming up. >> sundance, you'll see a lot of celebs wearing this. these are called sorels the very high-end version. the style is very functional. >> the style is very functional. you can find them at a lot of different price points and want to talk about our model on the left, that would be katie, yes. okay, so, audience, katie -- >> so katie, is she the save or is she the splurge? what do you think in the sorel-style celebrity worn -- >> okay. >> so -- >> they think she's the save. >> and she is -- okay. >> audience, i was with you on that one. >> as lara was saying, the higher end, the splurge, is t