Fifth & Pacific's (FNP +1.5%) Lucky Brand and Juicy Couture labels are attracting interest...

|By:, SA News Editor

Fifth & Pacific's (FNP +1.5%) Lucky Brand and Juicy Couture labels are attracting interest from P-E firms and strategic buyers including VF Corp. (VFC), Bloomberg reports. Lucky likely would fetch the higher price of ~$400M; gross margin expanded as its sales jumped 10% last year to $461M. It is not clear if the brands would be sold together or separately.