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 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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Clothing the world, Service with a smile, Berluti in London, Donatella Versace, What’s in a name?

Tadashi Yanai by Eric Chung | Source: WSJ Magazine

This Man Wants to Clothe the Planet (WSJ Magazine) “Yanai is refreshingly open about his goals these days: making Uniqlo the number-one apparel retailer in the world. His target—$50 billion in yearly revenue by 2020—will require whiplash gains above Uniqlo’s current revenue of $12 billion, driving the company ahead of front-runners Inditex.” Service with a smile, J. Crew CEO Drexler says customers should expect it

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Betsey bankruptcy, Chanel creativity, Claiborne sales up, Burberry reigns in Taipei, Cool Sewell

Betsey Johnson | Source: The Plaza

Betsey Johnson Declares Bankruptcy (Forbes) “A spokesperson at Betsey Johnson has confirmed that the 34-year-old fashion line has filed for bankruptcy protection. The filing will likely result in the dismissal of 350 employees and the closure of most of the brand’s 63 stores.” Chanel sticks to being creative (Daily Yomiuri) “In the 64th installment in a series on the world’s high-end brands, Bruno Pavlovsky,

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Escada turnaround, Claiborne shares plummet, Parallel lines, Image-making, Fashion embraces punk

Escada Spring/Summer 2011 | Source: Fanpop

How Escada Clawed Its Way Back From Bankruptcy (Die Welt) “With Berlin Fashion Week — the first big fashion event of 2012 — just a week away, excitement is mounting in the world of clothing design. The energy is particularly high at Escada, as the Munich-based brand’s new sports line will open the catwalk show in the German capital… But after being written off as dead, the global brand is decidedly back in

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Liz Claiborne’s new name, Indian e-commerce, Marc’s world, Media Land changes, Sarah Mower

NetEase Premier | Source: Jing Daily

For Liz Claiborne, will new name bring better luck? (MSN Money) “When Liz Claiborne sold its namesake brand to J.C. Penney late last year for $288 million, it became obvious that a name change was in order. The company indeed announced Wednesday that starting in May it would become Fifth and Pacific. The name reflects New York (Fifth Avenue) and Pacific (The Pacific Ocean). It is not a bad corporate name, but it doesn’t

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Fast Retailing targets USA, Nike in China, Hyperluxury, Liz Claiborne reinvention, Jean Paul Gaultier on big screen

Uniqlo New York | Source: Covenants

Fast Retailing sets sights on US expansion (FT) “Fast Retailing is poised to expand aggressively in the US, where it is opening its largest Uniqlo store on Friday, as part of its plan to globalise operations rapidly and reduce dependence on its home market… Fast Retailing, which made its name selling high quality, affordable, casual clothes, is accelerating its overseas build-up, with plans to open 200 to 300 stores

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Liz Claiborne’s rise and fall, Zero waste design, Bigging up bloggers, Fashion’s arty side, The Missoni dynasty

William L. McComb, CEO of Liz Claiborne Inc. | Source: Huffington Post

Targeting Younger Buyers, Liz Claiborne Hits Snag (WSJ) “In an effort to attract a younger audience, Mr. McComb decided to focus on the company’s contemporary brands with the most potential… But he made a series of strategic blunders… The decision to realign the company’s portfolio ‘was a disaster waiting to happen’.” Fashion Tries on Zero Waste Design (NY Times) “Zero-waste

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The trouble with Italian fashion, Dusting off Loewe, PRL looks abroad, Revamping Liz, Bunmi Olaye’s big break

Detail, double breasted Luciano Barbera suit | Source: The Satorialist

Is Italy Too Italian? (NY Times) “The bolts of wool and cashmere produced at [Carlo Barbera] mill, can indeed be described as high performance, among the finest in the world… The financial performance of the mill that creates this fabric, on the other hand, is far from stellar.” Spanish Brand Focuses on Functionality as It Re-Enters the U.S. (WSJ) “From 2005 to 2007, Stuart Vevers was known for creating

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Gap’s re-invention, Liz Claiborne losses, Fashion’s Night Out, UK high street rescue, Fashion becomes ‘useful’

Born to Fit, the new facebook page launched by Gap

Covering Many Bases for a Brand of Blue Jeans (WSJ) “The British say “Mind the gap,” but in this country it has been a while since shoppers minded what Gap was selling. The Gap division of Gap Inc. was struggling even before the recession, which has persuaded consumers to cut back significantly on clothing purchases.” Liz Claiborne Loss Widens More Than Analyst Estimates (Bloomberg) “Liz Claiborne

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Claiborne experiences loss, Richemont profits down, Anna Wintour in conversation, Men’s spending still on the rise

Liz Claiborne S/S 09, courtesy of Liz Claiborne

Liz Claiborne Results Raise Questions About Retailer’s Future (CNN Money) “Liz Claiborne’s future is being questioned after the fashion retailer posted a sharply wider first-quarter loss and sees a similar performance for the current quarter as the company is stymied by a lack of customers, big markdowns and a low cash position while trying to reignite demand through efforts that include a new namesake

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