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Fifth & Pacific posts 4.2% sales dip Thursday, 25th October 2012
Image courtesy of Juicy Couture
Weak trading at fashion label Juicy Couture dragged down Fifth & Pacific’s performance for the third quarter.
Net losses fell to USD 18.8 million from USD 214.6 million a year earlier.
Sales for the three months ended 29 September fell 4.2 per cent to USD 364.6 million from USD 380.7 million. Kate Spade was the star performer, with a 22 per cent same-store sales gain for the third quarter.
Lucky Brand was up five per cent whilst Juicy Couture remained flat.
The company expects EBITDA of USD 100 million to USD 115 million.
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Posted in fashion, Fashion News Tagged Juicy Couture, Fifth & Pacific, Lucky Brand, Kate Spade, Fashion, Fashion News, Retail
