Fifth & Pacific has a luxurious plan for Kate Spade

Fifth & Pacific (FNP +1.8%) has some pretty big ideas now that it can focus most of its attention on Kate Spade.

CEO William Mccomb says the brand can become the next Coach as it branches out into more products.

A play into luxury makes sense right now with high-end spending holding up amid a retail holiday season, but it's also tough turf to break into, note analysts.

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Comments (1)
  • SA Editor Jeanne Yael Klempner
    , contributor
    Comments (176) | Send Message
    Given the surprise 75% off sale at Kate Spade I was just notified about, 9 days before Xmas, I'd say it's not doing too well.
    16 Dec 2013, 09:43 AM Reply Like
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