Fifth & Pacific (FNP -15.3%) slumps after the retailer slashes its outlook for full-year...

|By:, SA News Editor

Fifth & Pacific (FNP -15.3%) slumps after the retailer slashes its outlook for full-year profits with its Juicy Couture brand showing poor results. On the positive side, the company says direct-to-consumer comparable sales for Kate Spade and Lucky Brand rose 21% and 4%, respectively.