Fifth & Pacific Companies, Inc.
) and eBay Enterprise entered into a multi-year accord as per
which the latter will lend fulfillment, storage space, freight,
disbursements, customer care services and order handling
mechanisms for brands including kate spade new york, Jack Spade,
Kate Spade Saturday and Lucky Brand in the U.S. and Canada.
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Fifth & Pacific, designer and seller of superior global
lifestyle brands is aiming to strengthen its omnichannel business
for all its brands and completely shift to enterprise commerce.
eBay Enterprise, a unit of
), is helping Fifth & Pacific meet its objective by enhancing
its potential to shift activities from store to web and vice
versa, finding solutions for delayed order cutoffs, speedy
deliveries and the required flexibility and range for superior
Fifth & Pacific, carrying a Zacks Rank #3 (Hold), recently
posted its financial results for the third quarter of fiscal
2013. The company's adjusted loss of 3 cents per share from
continuing operations was narrower than the year-ago comparable
quarter loss of 5 cents.
The year-over-year improvement in results was primarily driven by
top-line growth of 18.1%, backed by strong performances at the
company's Kate Spade and Lucky Brand segments, partially offset
by weak sales at Juicy Couture and Adelington Design Group
By providing the multiple services mentioned above, eBay
Enterprise is expected to further augment Fifth & Pacific's
revenues, strengthening customers' loyalty alongside.
Also, kate spade new york and Lucky Brand collaborated with
eBay Enterprise to get access to marketing solutions, taking into
account strategies, associate marketing services, email
management and search. Moreover, the launch of the Kate Spade
Saturday brand was supported by eBay Enterprise.
Apart from Fifth & Pacific, eBay Enterprise provides
omnichannel business and marketing strategies to many other
premium brands including
American Eagle Outfitters, Inc.
Ralph Lauren Corporation