Leonard Green & Partners is closing in on Lucky Brand.
Fifth & Pacific Cos. Inc., formerly Liz Claiborne Inc., is expected to reveal a transaction to sell Lucky Brand no later than the end of next week following what had been a stalled process. The company initially was in extended talks with private equity firm Advent International to acquire the brand, although those discussions supposedly ended when second-half projections for the denim company weakened.
Peter Kim's Los Angeles-based premium denim line has always had its finger on the pulse of youth. This season, novelty is back in a way reminiscent of early Aughts, with studs, lace-ups, racing waxed denim and more. For more highlights if some of the key brands at the Vegas trade shows, go to WWD.com. #wwdfashion (📷: Patrick Gray; Styled by @thealexbadia; Story by @karihamanaka and @marcy_wwd)
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)