86
Fashion Jobs
SHISEIDO
K-Key Account Lead
Permanent · HO CHI MINH CITY
ADIDAS
Senior Director Product Creation Ftw
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Corporate Affairs & Reputation Manager - Corporate Affairs & Engagement
Permanent · HO CHI MINH CITY
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
Published
Jan 13, 2014
Reading time
2 minutes
Download
Download the article
Print
Text size

Fifth & Pacific Companies changes its name to become Kate Spade Company

Published
Jan 13, 2014

Fifth & Pacific Companies (Kate Spade, Jack Spade and Lucky Brand), formerly Liz Claiborne, just announced a name change. The American group, which sold the intellectual property of Juicy Couture to licensing specialist Authentic Brands last October for 195 million dollars, will now become Kate Spade & Company.

The Kate Spade group will focus its efforts on the Jack Spade and Kate Spade brands.

This name change comes as the company strategically refocuses on the Kate Spade and Jack Spade brands, the DNA of the group. The company also recently agreed to sell Lucky Brand Jeans to private equity firm Leonard Green & Partners LP for $225 million

Additionally, Craig Leavitt, now CEO of Kate Spade, will take over as head of the new Kate Spade & Company, succeeding William L. McComb, currently CEO of the Fifth & Pacific Companies. George Carrara, now executive vice president of Fifth & Pacific, has been promoted to President and Chief Operating Officer of the new Kate Spade group. Deborah Lloyd retains her role as Chief Creative Officer.

In terms of 2013 results, Fifth & Pacific expects an adjusted EBITDA in the range of 120 to 130 million dollars, including the estimated results of Lucky Brand but excluding those of Juicy Couture. Net sales in 2013 for continuing operations grew to 742 million dollars.

The new Kate Spade group, which will include only the Kate Spade and Jack Spade brands, is optimistic about its financial outlook for 2014. The group hopes to achieve an adjusted EBITDA of 115 to 125 million dollars.

Kate Spade & Company is also counting on developing internationally, as the American group is getting ready to launch its e-commerce platform in Europe and in the Asian markets. It also plans to open 55 new stores worldwide, about half of them with partners.

Copyright © 2024 FashionNetwork.com All rights reserved.