Fifth & Pacific Replaces CEO With Kate Spade Apparel Chief

Kate Spade Autumn/Winter 2013 campaign | Source: Kate Spade

NEW YORK, United States — Fifth & Pacific Cos., the clothing retailer that’s selling brands, said Chief Executive Officer William McComb is leaving and being replaced by Craig Leavitt, who heads the Kate Spade division.

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Lucky Brand Jeans Sold for $225 Million to Leonard Green

Lucky Brand Jeans Autumn/Winter 2013 | Source: Lucky Brand Jeans

NEW YORK, United States — Fifth & Pacific Cos. agreed to sell its Lucky Brand Jeans division to private-equity firm Leonard Green & Partners LP for $225 million, part of a plan to divest assets and focus on the Kate Spade label.

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The Fall of the House of Juicy

Juicy Couture A/W 2013 Campaign | Source: Juicy Couture

No brand before or after it captured the zeitgeist quite like Juicy Couture. So why did the brand, a business with almost $500 million in annual revenue, sell this autumn in a $195 million cash deal to a licensing group better known for working with brands like Marilyn Monroe and Elvis Presley?

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Fifth & Pacific First-Quarter Loss Narrows as Kate Spade Soars

Kate Spade Spring 2013 Campaign | Source: Kate Spade

NEW YORK, United States — Fifth & Pacific Cos Inc on Thursday reported a smaller first-quarter loss, as sales of its upscale Kate Spade handbag and clothing brand soared and the company offered fewer discounts on its Lucky Brand items.

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Fifth & Pacific Reports Higher Results, Reaffirms 2013 Forecast

Juicy Couture Spring/Summer 2013 Ad Campaign | Source: Juicy Couture

Fifth & Pacific Cos Inc on Thursday reported a holiday-quarter profit that came in slightly above its own projections and reaffirmed its recent 2013 forecast. The company, once known as Liz Claiborne, confirmed its preliminary fourth-quarter sales performance, given in January. Same-store sales rose 27 percent at kate spade, its fast-growing fashion brand, and rose 3 percent at Lucky Brand, a more casual label. Same-store sales

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