Liz Claiborne Inc. said its Kate Spade brand continued to shine in February with an 87 percent gain in comparable-store sales, but the overall company is projected to post adjusted first-quarter losses of $11 million to $17 million before interest, taxes, depreciation and amortization.
Comps at Lucky Brand also rose in February, perking up 12 percent, but the firm’s other direct-to-consumer businesses saw declines. Juicy Couture comped down 5 percent, while Mexx Europe slid 8 percent and Mexx Canada dipped 3 percent. Claiborne includes e-commerce in its comp totals.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"