How High can Fifth & Pacific Go?
After previously writing about Fifth & Pacific Companies (NYSE: FNP) when
the stock was trading around $14, the recent jump to the $19 level is
worth reviewing. The stock has been on a steady rise as brand kate spade
registered 27% comp sales growth in Q4 and rumors spread that the company was looking to sell positions in the lagging brands.
The former Liz Claiborne is probably even less known having more »
Disclosure: Long FNP. Please review the disclaimer page for more details.
The former Liz Claiborne is probably even less known having more »
Disclosure: Long FNP. Please review the disclaimer page for more details.
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