Fifth & Pacific History
Earlier company descriptions, brand line-ups, store counts and photographs from the history of Fifth & Pacific, kept for historical reference.
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The Company Description of Its Time
This profile is a name that no longer exists, kept because the directory files history as it happened - and the historical record is unusually complete, carrying the whole chain of renames at the top: in February 2014, Fifth & Pacific changed its name to Kate Spade & Company. Coach, Inc. acquired Kate Spade for 2.4 billion dollars in May 2017. Then in October 2017, Coach changed its corporate name to Tapestry. The body of the historical record is the announcement that created the Fifth & Pacific name in the first place: Liz Claiborne Inc. announced on January 4, 2011 - with the change expected to be effective on or about May 15, 2012, trading as Fifth & Pacific Companies, Inc. (NYSE: FNP) - that it was changing its name to better communicate its strategic focus and reflect the sale of the Liz Claiborne namesake brand to J.C. Penney, among other recent transactions. One page, four corporate names: Liz Claiborne, Fifth & Pacific, Kate Spade & Company, Tapestry.
Reading a Renaming Chain
Why keep a profile under a name that lasted roughly two years? Because researchers meet this company under every one of its names, and the directory's job is to make each name findable with its dates attached. Filed here, the chain reads cleanly: Liz Claiborne Inc., the department-store wholesaler, sells its namesake brand to J.C. Penney and announces on January 4, 2011 that it will become Fifth & Pacific Companies around May 15, 2012 (NYSE: FNP), built on Juicy Couture, kate spade and Lucky Brand. In February 2014 the company narrows to its strongest brand and becomes Kate Spade & Company. In May 2017 Coach, Inc. acquires Kate Spade for 2.4 billion dollars, and in October 2017 Coach renames itself Tapestry - the name under which the story continues in this directory's T letter, where the historical record's own routes already pointed to the Tapestry profile.
The announcement's practical details complete the record: further updates would be issued as the effective date approached, and information would also be posted on the new corporate website, fifthandpacific.com. The routes on this page lead to the Tapestry and Liz Claiborne Inc profiles the historical record linked - the successor and the predecessor - which is exactly how a renaming chain should be filed: every name kept, every name pointing at its neighbours. Nothing in this profile is updated beyond the historical record's own chain; later events belong to the successor companies' own pages.
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