American Apparel Group Fifth&Pacific House Lucky Brand Katespade

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< p > American Apparel Group < a href= "http://sjfzxm.com/news/index_s.asp" > Fifth&PacificCompanies, Inc < /a > (NYSE:FNP) announced in the United States local time 10 days ago announced the sale of its brand "a href=" http://sjfzxm.com/news/index_s.asp "a", "price" 225 million yuan, took over the private equity fund "less than", "

LeonardGreen&Partners will pay a down payment of 140 million dollars in cash, the remaining 8500 million and three years to pay, the annual interest rate is 8 million dollars, and at the same time, it will pay an additional interest of Fifth&Pacific41.7 million per month, which will make the highest price of LuckyBrand will reach 240 million dollars.

The paction volume was based on LuckyBrand 7 times EBITDA in the past December.

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< p > Fifth&PacificCompanies, Inc. (NYSE:FNP) CEO, < a href= "http://sjfzxm.com/news/index_s.asp" > WilliamL.McComb > /a > indicates that this is a historic day for the group. The group will return to a single Brand Company. In October 7th, a href= "/a" > < < > announced that it would sell to Inc. brand management company. The net income of the two pactions will reach 370 million billion US dollars, the group will focus more on its existing brand, and will release its development plan in January.

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< p > earlier this month, Bloomberg quoted the SunTrustBanksInc. of the US investment bank as saying that Fifth&PacificCos.Inc. (NYSE:FNP) might sell its existing golden bull brand KateSpade. It did not exclude the possibility of the overall sale of the company. While the momentum was fierce, the KateSpade in the same quarter with a sales growth of more than 20% in the 12 quarter has also attracted many retailers, including a href= "http://sjfzxm.com/news/index_s.asp", private equity fund, /a, and Coach.

Investment bank WedbushInc. is also known as Coach, Inc. (NYSE:COH), which is logically a bidder.

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< p > after delamination of the struggling brands, a href= "http://sjfzxm.com/news/index_s.asp" > JuicyCouture < /a > LuckyBrand, KateSpade will bring more market value to the parent company than it does now.

At the end of last month, the Fifth&PacificCos.Inc. (NYSE:FNP) three quarter financial report showed that the loss had narrowed, while KateSpade still had 31% of the same store sales growth. In the case of global luxury goods slowdown and 5% average growth rate, KateSpade was one of the few positive brands with MichaelKors.

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Prior to Fifth&PacificCos.Inc. (NYSE:FNP) seeking to sell two brands of JuicyCouture and LuckyBrand, the industry has said that KateSpade is fully capable and may be split in the future, and that is all proceeding in an orderly manner. P

In October 7th, Fifth&PacificCos.Inc. (NYSE:FNP) announced the sale of its brand JuicyCouture for $195 million and took over the brand management company AuthenticBrandsGroupLLC, which will be delivered in cash.

In December 2nd, the Wall Street Journal TheWallStreetJournal quoted anonymous sources as saying that private equity funds GoldenGateCapital, LionCapitalLLP, MarlinEquityPartners and AuthenticBrands brand management companies are bidding for LuckyBrand, while Fifth&PacificCos.Inc. (NYSE:FNP) chief executive WilliamMcComb said at the Q3 earnings conference that "it is not yet ready to comment on the decision making process of LuckyBrand".

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< p > New York investment bank SunTrust analyst PamelaQuintiliano told Bloomberg interview that Fifth&PacificCos.Inc. (NYSE:FNP) divestiture LuckyBrand wanted to focus on KateSpade brand, but LuckyBrand still had a solid growth of single digit, still realized at the same time, at the same time accounted for a small share of the group, which made it difficult for Fifth&PacificCos.Inc. (NYSE:FNP) to give up the brand easily.

In the three quarter of fiscal year 2013, KateSpade sales rose by 76.4% to $179 million 700 thousand, LuckyBrand realized 120 million dollars, and the JuicyCouture sold for 118 million US dollars, basically three points.

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< p > no matter what, Fifth&PacificCos.Inc. (NYSE:FNP) is undoubtedly at the center of a href= "http://sjfzxm.com/news/index_s.asp" KateSpade < /a > brand. In March, at the investment meeting held specifically for KateSpade, KateSpadeLLC chief executive officer "a" was "meeting" at the meeting. It expressed the hope that it could become a brand of $4 billion, and it would sell for 2 billion dollars in the next four years.

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