Kate Spade, the fashion label owned by Fifth & Pacific Cos., may become the next must-have accessory for acquirers in the retail industry.
Cyber Monday sales surged, sending online shopping toward a single-day record as Amazon.com Inc. and EBay Inc. siphoned consumers from brick-and-mortar stores.
Fifth & Pacific Cos.’s Lucky Brand and Juicy Couture labels are attracting interest from private- equity firms and strategic buyers including VF Corp., said people with knowledge of the matter.
Even after losing more money last year than any other U.S. clothing retailer, Liz Claiborne Inc. could still be a bargain in a takeover.
Liz Claiborne Inc. surged the most since 1987 after announcing a plan to sell brands including its namesake to J.C. Penney Co. and rename the company to focus on the Juicy Couture, Kate Spade and Lucky Brand lines.
Abbott Laboratories , the maker of the arthritis drug Humira, succeeded in a bid to overturn a $1.67 billion patent-infringement verdict won by Johnson & Johnson .
Visteon Corp., the auto-parts manufacturer, and apparel maker Liz Claiborne Inc. lead borrowers seeking to sell at least $2.18 billion of bonds in the U.S., according to data compiled by Bloomberg.
Liz Claiborne Inc., the owner of Juicy Couture and Kate Spade, is making presentations to private-equity firms to sell its money-losing Mexx brand, said two people with knowledge of the matter.
Jos. A. Bank Clothiers Inc., the century-old retailer of men’s apparel, said it’s seeking potential acquisitions to accelerate expansion.
For years, Brazilians coveting a Coach bag or Tiffany diamonds boarded flights to places like New York and Miami. Now American luxury is coming to them.