Investors overlooked continued weakness at Fifth & Pacific Cos. Inc.’s Juicy Couture business and focused on the prospects of Kate Spade, driving shares of the company up 11.5 percent Monday.
Kate Spade carried the firm this year and is expected to do the same next year. Investors have pushed to free more of Kate Spade’s financial potential by spinning off at least a piece of the business. And William L. McComb, chief executive officer of Fifth & Pacific, said management was at least open to the notion of a different corporate structure.
"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)
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