JUICY COUTURE A PLUM BUY FOR CLAIBORNE.Byline: Brent Hopkins Staff Writer PACOIMA - Juicy Couture Juicy Couture is a contemporary line of casual apparel based in Pacoima, California, founded by Gela Nash-Taylor and Pamela Skaist-Levy. Owned by the Liz Claiborne fashion company, Juicy is known for their terrycloth and velour hoodies, which are like jackets. got a new friend in Liz Claiborne This article is about the corporation Liz Claiborne Inc. For the fashion designer who founded the company, see Liz Claiborne (fashion designer). Liz Claiborne Inc. on Tuesday. Liz Claiborne Inc. bought the locally based upstart label, a move its founders see as key to for future development. Terms of the deal were not disclosed. Known for striking cuts and lush fabrics, the 9-year-old Juicy has already won the eye of Hollywood's elite and Melrose fashion plates. But co-presidents Gela Nash-Taylor and Pamela Skaist-Levy have much bigger aspirations. ``We have incredible Juicy dreams,'' gushed Nash-Taylor. ``We think we can take over the fashion world, and we think Liz is the way to do it.'' The New York-based Claiborne, traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the ticker LIZ, aims to help the label grow from a niche supplier that rung up $47 million in sales last year into an international player. Plans are already being considered to build free-standing retail stores to support the line, to augment its presence in fine clothiers such as Fred Segal Fred Segal is a Los Angeles, California based clothing boutique. There are two stores, one in Hollywood (on Melrose Avenue) and the other in Santa Monica. In 1976, the Hollywood location was purchased by Ron Herman. , Bloomingdale's and Nordstrom. ``It's one of the hottest growing trends in America today,'' said Angela Ahrendts, an executive vice president for Claiborne who'll oversee the label. ``There is not a huge strategy to over-exploit distribution. We want to help service their existing customers better. There's a tremendous amount of non-apparel opportunities, along with men's wear, Baby Juicy, and that's before we even talk about freestanding retail.'' Nash-Taylor, wife of Duran Duran Duran Duran are an English pop group notable for a long series of popular singles and vivid music videos. They were the most commercially successful of the New Romantic bands and a leading band in the MTV-driven "Second British Invasion" of the United States. bassist John Taylor John Taylor, or Johnny Taylor may refer to: Academic figures
Animal-hair fibre forming the downy undercoat of the Kashmir goat. The fibre became known for its use in beautiful shawls and other handmade items produced in Kashmir, India. The fibres have diameters finer than those of the best wools. . ``Juicy hit upon the integration of comfortable and sexy clothing,'' said Paul Altman, a senior associate for the Sage Group, a Los Angeles- based mergers-and-acquisitions specialist that advised Juicy. ``It's for women who want to wear the same thing to the market and when they go out at night. The cuts and the fabrics are fantastic.'' Under Claiborne's ownership, Juicy predicts no major changes to its 200- employee factory. Even with a corporate partner on the other coast, Skaist-Levy doesn't expect any shift from their local production. ``We're in beautiful Pacoima,'' she said ``We started out as very small manufacturers, and if you do that, you can't be anywhere besides downtown or the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. .'' |
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