An Accessories Boost: Liz Claiborne Acquiring Kate Spae for $125M

No cover image


Liz Claiborne Inc. will announce today that it has acquired Kate Spade from the Neiman Marcus Group for $125 million, according to sources involved in the deal. The transaction will close in the fourth quarter of this year.

From This Issue

A Lululemon store that opened in October in Mejiro, Tokyo.

Fashion Features

Active Firms Compete on Asian Playing Field

For active apparel companies, there’s a new playing field where the competition is just beginning to mount.

clock November 8, 2006Whitney Beckett

Patrizio Bertelli.

Fashion Features

Bertelli Scolds Italian Fashion

Prada chief Patrizio Bertelli lashed out at the Italian fashion industry Tuesday, accusing it of being out of date with a fast-paced and increasingly competitive world.

clock November 8, 2006Amanda Kaiser

Fashion Features

In Brief: Dallas Bridal Awards… Cherokee Deals… Boscov’s Expansion

Maggie Sotero won top honors for its bridal gowns, and Tiffany Designs earned a trophy for prom at the Dallas Market Center’s Retailer of Style and Excellence awards ceremony for the bridal industry.

clock November 8, 2006WWD Staff

Hand-painted Kate Spade bags for spring.


An Accessories Boost: Liz Claiborne Acquiring Kate Spade for $125M

Kate Spade has finally found a new home.

clock November 8, 2006Sophia Chabbott


Puma Sales Jump, Earnings Slip 5.2%

Puma AG on Tuesday said third-quarter profit fell 5.2 percent.

clock November 8, 2006WWD Staff


Memo Pad: ‘Toos’ Vamoose… Style Watch

In the end, the 46 floors of the Hearst Tower were no match for outgoing Seventeen editor in chief Atoosa Rubenstein’s ambition.

clock November 8, 2006WWD Staff

WWD Image

Fashion Features

Tween’s Scene Not Child’s Play

Today’s tweens can’t grow up quickly enough.

clock November 8, 2006Valerie Seckler

Mudd is eyeing youth media such as M magazine as ad vehicles to draw tweens to the brand next spring.

Fashion Features

Just Asking Their Elders

WWD asked a handful of brand leaders and marketing experts to what extent they’ve observed tweens aspiring to an older age and emulating their elders with the products they use and experiences they pursue.

clock November 8, 2006WWD Staff

Selve's London store.


Individuality: The New Brand Focus

Betting that exclusivity is the new luxury, companies are experimenting with more ways to produce custom clothing and shoes at off-the-rack prices.

clock November 8, 2006Cate T. Corcoran

Fashion Features

Image Search Steps in Where Words Fail

Search site goes live today, offering what is believed to be a shopping first.

clock November 8, 2006Denise Power

WWD Image

Fashion Features

Wistful Shopping

New from social shopping site Wists is Popgloss, a pictures-only fashion blog.

clock November 8, 2006WWD Staff


POS Software Ties to Google

The latest version of QuickBooks Point of Sale, which Intuit announced last week, will help small retailers market themselves online.

clock November 8, 2006Cate T. Corcoran

David Kennedy


Beauty Beat: Revlon Loss Hits $100M in 3rd Quarter

Revlon Inc. dealt with the aftershocks of its defunct Vital Radiance brand and management shake-up this fall, reporting a steep decline in quarterly profits.

clock November 8, 2006Molly Prior


Beiersdorf’s Consumer Division Net Rises

Beiersdorf Group’s consumer division posted a 7.1 percent increase in third-quarter operating results to $154.4 million.

clock November 8, 2006Melissa Drier

Fashion Features

WTO Gives Green Light to Vietnam

The World Trade Organization on Tuesday approved Vietnam as its 150th member.

clock November 8, 2006John Zarocostas and Kristi Ellis

WWD Image


Urban Outfitters’ Comps Down 10% in 3rd Quarter

In a pre-earnings statement Tuesday, Urban Outfitters Inc. said third-quarter same-store sales declined 10 percent.

clock November 8, 2006Jeanine Poggi

A Phillip Lim design for Uniqlo.


Uniqlo Looks to SoHo Flagship for International Rebound

When Uniqlo’s global flagship opens Thursday at 546 Broadway in SoHo here, it will have the weight of the company’s global ambitions on its shoulders.

clock November 8, 2006Sharon Edelson


True Religion Net Up 6.3%

Warm fall weather and a slower-than-anticipated rebound in its Japanese business kept True Religion from reaching its goals during the third quarter.

clock November 8, 2006Ross Tucker

The Doneger clan: Jason, Rita, Valerie, Abbey and Adam. The late Henry Doneger is pictured above them.

Fashion Features

Doneger Celebrates a Milestone

Time races for someone immersed in the frenetic worlds of retail and fashion.

clock November 8, 2006David Moin


Gross Margins, Strong Sales Boost Marks & Spencer Net

Profits at Marks & Spencer Group plc surged 33 percent to $520.6 million

clock November 8, 2006Samantha Conti

Matt Dillon at the Morgan Library

Fashion Features

Fashion Scoops: Red Alert… Youth Quake… Je Ne Sais Quoi… Keeping Time

Scarlett Johansson, who appeared in a Louis Vuitton campaign in 2004, is doing an encore, WWD has learned.

clock November 8, 2006WWD Staff

Didier Grumbach

Fashion Features

Grumbach Presides Over Fashion Parley

France’s fashion ringmaster Didier Grumbach demonstrated the deftness that serves him well overseas by hosting the Fashion Group Foundation’s panel discussion here Tuesday.

clock November 8, 2006Rosemary Feitelberg

Melrose Place in West Hollywood.


Melrose Place Gains Momentum With de la Renta

Oscar de la Renta is the latest designer to see opportunity on Melrose Place

clock November 8, 2006Emili Vesilind

Inside Hugo Boss on Rodeo Drive.


Hugo Boss Gets Bigger on Rodeo

Hugo Boss celebrated the relaunch of its Rodeo Drive store with a lavish block party last month after a renovation that doubled the size of the unit, raising it to flagship status.

clock November 8, 2006Marcy Medina and Emili Vesilind


Today's Must Read

Sarah Gadon


Sarah Gadon on Becoming the Next Margaret Atwood Heroine

clock 2hLeigh Nordstrom

Social Studies