Global Financial services firm Guggenheim Partners is said to be hunting for investment deals.
Financial sources said the company is casting a wide net to evaluate investment prospects. Those discussions more recently are said to include talks with Juicy Couture cofounders Pamela Skaist-Levy and Gela Nash-Taylor about possibly funding a buyback of the company they sold to Fifth & Pacific for more than $230 million, including the assumption of debt and earn-out payments over several years, in 2003. Fifth & Pacific at the time was known as Liz Claiborne Inc. It couldn’t be determined whether those conversations have led to a bid for the brand, although sources last week said the cofounders were believed to have come up empty in their quest for funding.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)