A deal to sell the Dallas-based luxury chain would be difficult to execute.
The company said Monday that it expects revenues in the period to rise in the range of high-single to low-double digits from $555.8 million last year.
Sequential Brands Group and Patrick ring Nasdaq opening bell.
The accessories firm’s incoming chief executive officer reflected on its past, as well as its next evolutionary phase to becoming a lifestyle brand.
The company’s journey to enlightenment began in 2010, when it changed its name, which Krill saw as an opportunity to create a vision and purpose for the future.
The company’s seven nameplates continue to service a shopper in smaller communities around the country even as back office duties have been consolidated.
Executives are sent on periodic “transformational intellectual journeys,” as the firm’s ceo called them, which are often well outside VF’s comfort zones.
When Ullman rejoined the retailer as chief executive officer last April, he quickly drew up a laundry list of 30 things that needed fixing.
The cool fashion site for twentysomething young women hit close to the $130 million range in annual volume last year.
Retail and fashion executives facing a landscape that’s always in flux might find their own past successes are their worst enemy.
The chairman and chief executive officer of Fifth & Pacific shared some of the thinking behind the company’s difficult road to reinvention.
The designer has created limited-edition ceramic tumblers and a Bearista bear, which will be available at participating locations in the U.S. beginning Nov. 12.
For the first time, the collection will include optical frames as well as sunglasses, inspired by the brand’s global ambassador, Eva Mendes.