Kate Spade Saturday Prevails in Trademark Dispute
NEW YORK, June 18, 2013 /PRNewswire/ -- Fifth & Pacific Companies, Inc. (NYSE: FNP) and its kate spade new york brand have been involved in a legal action related to the Kate Spade Saturday brand name and logo. Yesterday, the court issued a decision in the case involving Kate Spade Saturday and Saturdays Surf NYC. We are happy to announce that the court ruled in our favor. The court's findings align exactly with what we believe – that both companies and brands can peacefully co-exist in the market. We look forward to continued success and innovative design, product and marketing with our Kate Spade Saturday brand.
About Kate Spade Saturday
Kate Spade Saturday is a new global lifestyle brand created to channel the spirit of Saturday seven days a week. This younger, more accessible sister to kate spade new york shares the same DNA: it's colorful, optimistic and bold, but it expresses these values in a more casual way. Saturday offers simple shapes and go-anywhere silhouettes. Functionality and utility are key. The collection is crafted with honest materials like crisp cotton, canvas and natural vachetta, brightened with bold colors and strong prints. The line includes apparel, handbags, accessories and items for the home. The Kate Spade Saturday flagship shop opened in March 2013 in Tokyo's Omotesando neighborhood along with an e-commerce site (saturday.jp). Saturday.com, the exclusive distribution point in the United States was launched in Spring 2013. Kate Spade Saturday is owned by Fifth & Pacific Companies, Inc. (NYSE: FNP).
About Fifth & Pacific Companies, Inc.
Fifth & Pacific Companies, Inc. designs and markets a portfolio of retail-based, premium, global lifestyle brands including Juicy Couture, kate spade, and Lucky Brand. In addition, the Adelington Design Group, a private brand jewelry design and development group, markets brands through department stores and serves jcpenney via exclusive supplier agreements for the Liz Claiborne and Monet jewelry lines and Kohl's via an exclusive supplier agreement for Dana Buchman jewelry. The Company also has licenses for the Liz Claiborne New York brand, available at QVC and Lizwear, which is distributed through the club store channel. Fifth & Pacific Companies, Inc. maintains a noncontrolling stake in Mexx, a European and Canadian apparel and accessories retail-based brand. Visit www.fifthandpacific.com for more information.
SOURCE Fifth & Pacific Companies, Inc.
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