The fast-growing Kate Spade might soon have the house to herself.
Fifth & Pacific Cos. Inc. has been entertaining options to divest both its Lucky Brand and Juicy Couture businesses, according to sources, who described the process as informal but moving forward.
Private equity firms Sycamore Partners and TSG Consumer Partners are both said to be interested in Lucky. TSG is also understood to have met with William L. McComb, chief executive officer of Fifth & Pacific, on the matter. Other investors are considering a run at the denim brand, and that could make for a relatively active sale process.
Sources said at least one Asian player is said to be interested in Juicy, which has changed course several times and expects to spend this year rejiggering its business.
A spokeswoman for Fifth & Pacific said, “We do not comment on market speculation or rumors.” Spokesmen for Sycamore and TSG declined to comment.
@beyonce chose a custom gown by @falgunishanepeacockindia for mother @mstinalawson 's second annual Wearable Art Gala last night. The gown, which took 10 days to make, was inspired by Nubian warrior queen Amanishakheto. Reporting by @hernameislex . #wwdeye 👑 🐝#beyonce
After dressing @justintimberlake for his Super Bowl halftime performance last month, @stellamccartney has designed the star’s "Man of the Woods" tour wardrobe. Timberlake will be wearing a mix of pieces from McCartney’s fall men's collection as well as custom designs and items from his own closet. #wwdfashion
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“I am of tradition, but that doesn’t mean I have an old outlook on life,” Hubert de Givenchy told WWD in an interview in 1978. The legendary designer, who died last week at the age of 91, achieved wide success soon after launching his own couture boutique in the early ’50s, but he refused to pine for that time. For the first time since its original publication, read our interview with Givenchy on his awe for Audrey Hepburn and looking forward. Link in bio. #wwdarchives #fbf (📷: Pierre Schermann)
About last night: @alexachung and @supergausa toasted the launch of their capsule collection. “It’s the shape that I love, so rather than amend the last and make the sole crazy or do anything wild, we just did really subtle additions that I think make it look really luxe-y,” said Chung. #wwdfashion (📷: Marc Patrick)
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