Kate Spade Spring 2013 Campaign | Source: Kate SpadeNEW 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.
Juicy Couture Spring/Summer 2013 Ad Campaign | Source: Juicy CoutureLOS ANGELES, United States — Fifth & Pacific Cos.’s Lucky Brand and Juicy Couture labels are attracting interest from private-equity firms and strategic buyers including VF Corp., said people with knowledge of the matter.
Juicy Couture Spring/Summer 2013 Ad Campaign | Source: Juicy CoutureFifth & 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
Tommy Hilfiger Spring/Summer 2010 | Source: Tommy HilfigerCan Private Equity and Fashion Look Good Together? (Bloomberg) “Private equity and fashion are a bad combo, kind of like pairing a Dior dress with Ugg boots. That at least was the established wisdom until March, when Apax Partners sold Tommy Hilfiger for $3 billion, quintupling its investment in the American clothier in just four years.” All Saints secures extra funding on strong results (Retail Week) “Fashion
It’s a Man’s World (Newsweek) “Just as some educators believe that single-sex classrooms are better for learning, some luxury brands are finding that single-sex boutiques boost the bottom line. While it’s not exactly a man’s world on Main Street, luxury brands are increasingly offering greater exclusivity in men-only shops.” Versace Agrees on Job Cuts, Unveils Lower-Priced Women’s Line (Bloomberg)
