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Liz Claiborne Narrows Q1 Loss on Margin Increases, Kate Spade Sales
New York—Liz Claiborne Inc. reported a narrower first quarter loss today helped by higher margins and strong sales at its kate spade new york brand. For the quarter ended March 31, Liz Claiborne Inc....
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Report: Kate Spade Sales Advances Continue
New York—Better-than-expected sales at its kate spade new york and Lucky brands helped narrow Fifth & Pacific Cos.’ second quarter loss. Sales at kate spade new york jumped 48.1% to $101 million...
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Disappointing Juicy Couture Sales Cause Fifth & Pacific to Lower Full Year...
New York—Stung by struggles to sell full-price merchandise in its Juicy Couture brand, Fifth & Pacific Companies said Monday that it would be lowering its full year earnings forecast as a result....
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Fifth & Pacific Narrows Q3 Loss, Juicy Couture Still “Below Expectation”
New York—Fifth & Pacific, the company formerly known as Liz Claiborne Inc., reported Thursday that it narrowed its third quarter loss despite continued struggles with its Juicy Couture brand. For...
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Juicy Couture Weighs Down Fifth & Pacific Preliminary Q4
New York—While Fifth & Pacific today reported that Superstorm Sandy and Juicy Couture’s continued slump cut into its fourth quarter sales, the company still managed to exceed analysts’ estimates...
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Fifth & Pacific Q4 Profit Sinks on Tough Comparison
New York—Fifth & Pacific Cos. Inc., owner of kate spade new york and Lucky Brand, reported today that its fourth quarter net income plunged 75% due to tough comparisons with the prior year when it...
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Fifth & Pacific Q2 Loss Narrows But Still Misses Estimates
New York—Fifth & Pacific Cos Inc. today reported a narrowed second quarter loss helped by a double-digit sales increase at Kate Spade offsetting continued sluggish sales at Juicy Couture. For the...
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Fifth & Pacific to Sell Off Juicy Couture for $195 Million
New York—In a move to put emphasis on its lucrative Kate Spade brand, Fifth & Pacific Cos. Inc. today agree to sell intellectual rights to its Juicy Couture brand to brand-licensing firm Authentic...
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Fifth & Pacific Narrows Q3 Loss, Kate Spade Sales Soar
New York—A leaner Fifth & Pacific Companies Inc. today reported a narrowed third quarter loss, helped by another quarter of double-digit sales increases at kate spade new york. For the quarter...
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Fifth & Pacific to Unload Lucky Brand in $225 Million Deal
New York—Just months after indicating its strategy going forward is to concentrate on its Kate Spade brand, Fifth & Pacific today announced it reached a $225 million deal to sell off its Lucky...
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Fifth & Pacific to Change Name, CEO
New York—More changes are afoot at Fifth & Pacific Cos. Inc., formerly Liz Claiborne Inc. and parent now only to Kate Spade after jettisoning Lucky Brand and Juicy Couture. On Thursday, the...
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Kate Spade’s Sales Increase Helps Fifth & Pacific Q4 Profit Triple
New York—Fifth & Pacific Cos. (soon to be Kate Spade & Co.) said today that its fourth quarter profit more than tripled as sales rose 22% boosted by its premier brand, Kate Spade. For the...
View ArticleLiz Claiborne Q2 Loss Widens, But Sales Beat Forecasts
New York–Liz Claiborne Inc. said Thursday that its second-quarter net loss widened as expenses rose, but sales, especially in its Kate Spade brand, rose beating expectations. For the quarter ended July...
View ArticleLiz CLaiborne Offloads Distribution to Li & Fung
New York–Liz Claiborne Inc. is taking steps to cut its fixed distribution costs after signing a deal with sourcing giant Li & Fung Ltd. to deliver goods to its stores and wholesale business. The...
View ArticleLiz Claiborne Sell Mexx in Joint Venture Deal
New York–Liz Claiborne agreed today to sell its Mexx business to a joint venture for an 18.75% stake in the common equity of the venture, and $85 million in cash. The Gores Group, a private equity...
View ArticleJCPenney Buys Liz Claiborne Brands for $267.5 Million
Plano,TX—JCPenney today said it plans to purchase the Liz Claiborne brands from Liz Claiborne Inc. for $267.5 million. The deal is expected to close in 30 days, giving Liz Claiborne Inc. a major boost...
View ArticleLiz Claiborne Inc. Q3 Loss Widens as It Exits Brands
New York—A leaner Liz Claiborne, Inc., which has completed $471 million in transactions since August—including the sale of its namesake brand to JCPenney—reported Wednesday a wider third quarter loss,...
View ArticleLiz Claiborne to Rename Itself Fifth & Pacific this May
New York–Liz Claiborne remains a brand name, but no longer a company moniker. Liz Claiborne has been an iconic name for almost four decades, but after JCPenney bought the brand at the end of last year,...
View ArticleLiz Claiborne Inc. Lowers Profit Forecast, CFO Departs
New York—Liz Claiborne Inc. saw its shares tumbled nearly 15% in early trading today after the company revised downward its fiscal 2012 profit forecast and announced its chief financial officer would...
View ArticlePrivate Equity Firms to Take Liz Claiborne Private?
New York—Shares of Liz Claiborne Inc. jumped 21% on Friday following a report that several private firms are interesting in buying the company and taking it private. According to reports, which cited...
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