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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Lucky, Juicy Brands Said to Draw Interest From VF, Buyout Firms

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

LOS 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.

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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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Lucky’s new focus, PRL profit doubles, Trouble at American Apparel, Denim accessories, Wearable watercolours

Lucky Brand Jean detail | Source: Light Hack

New Lucky Brand CEO Seeks Sharper Focus (WWD) “If the late Gap co-founder Donald Fisher taught Lucky Brand chief executive officer David DeMattei one thing, it’s that retail companies buy inventory and sell inventory… Four months after joining Lucky, DeMattei is applying his 25 years of retail experience gained at Williams-Sonoma, J. Crew, Gap and Banana Republic to turn Lucky around.” Polo Ralph Lauren Profit

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