New York City -- Liz Claiborne Inc. said Wednesday that it will change its name to Fifth & Pacific Cos., effective May 15, to reflect the divestiture of its namesake brand as well as a newly honed focus on its core banners. The owner of Juicy Couture, Kate Spade and Lucky Brand agreed last October to sell its Liz Claiborne and Monet brands to J.C. Penney Co. for $267.5 million in a move to reduce debt. It also sold its Dana Buchman brand to Kohlโs Corp. "While it's difficult to replace an iconic name like Liz Claiborne, we believe
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SAN JOSE, Calif. โ Orchard Supply Hardware Stores Corp. announced that its spin-off from Sears Holdings Corporation was completed at 11:59 p.m. EST on Dec. 30, 2011. Trading of Orchardโs Class A Common Stock will begin Tuesday on the Nasdaq Capital Market under the symbol โOSHโ. "We look forward to Orchard being an independent publicly traded company,โ said Mark Baker, president and CEO of Orchard. During the past year, our team has made significant progress toward developing a differentiated home improvement retail experience. Weโre implementing new customer service initiatives and merchandising strategies, and have begun transitioning our stores to
In July it was announced that David Beckham would launch his own bodywear line for H&M and based on the ads that just showed up on The Fashion Spot, his collection is in stores now. A set of Beckham briefs will only cost you about $15.
There was a time not so long ago when pop-up shops were a recession-era novelty, but now they feel like a staple of city retail. This year's crop included some big, fancy, pull-out-all-the-stops showcases, including temporary stores from H&M, ad agency Wieden + Kennedy, and Tommy Hilfiger.
Customer experience analytics firm ForeSee released the results of its annual Holiday E-Retail Satisfaction Index, showing that after seven years spent jockeying for first place in the Index, Amazon and Netflix are headed in divergent directions.
New York City -- A report released Wednesday by the International Council of Shopping Centers and Goldman Sachs said that post-Christmas shopping surges propelled U.S. same-store sales significantly forward during the week after Christmas. According to the ICSC-Goldman Sachs Weekly Chain Store Sales Index, which estimates sales for 24 major retail chains, same-store sales rose 5.3% during the week ended Dec. 31. The mall trade group cited increased gift card use, mild weather and a federal holiday on Monday as contributors to the sales increase, and has upped its December sales growth projections to a 4% to 4.5% rise
Liz Claiborne today announced it's changing its name to Fifth & Pacific Companies to better communicate its strategic focus on growing its three global lifestyle brands (Juicy Couture, kate spade and Lucky Brand) and reflect the sale of the Liz Claiborne namesake brand to J.C. Penney, among other recent transactions.
One of the toughest parts of running any business is recruiting top talent and getting that talent to stick around. But when you oversee a small business, the challenges become a little bit bigger: How can you compete with the bigger companies' deeper pockets to give your employees an experience that makes them want to stick with you?
Athleta is kicking off the new year with an inaugural tagline and its first national campaign, "Power to the She." The Gap-owned athletic brand partnered with Peterson Milla Hooks to create the tagline and campaign, which will launch this week.