The California swimwear brand famous for its rhinestone-bedazzled tracksuits is shutting down all of his / her U. S. stores by the end of the June, according to the fashion news webpages Racked.
The struggling label's father or mother company, Fifth & Pacific Insurance providers -– now renamed Kate Spade & Company -– sold in which fall to Authentic Brands Association.
More than 60 international stores will stay open, Racked reported. But candidates at several locations in Really are told the site that all brick-and-mortar facilities in the U. S. are wrapping up down. Juicy's website lists a great deal 100 boutiques and outlet stores on North America.
Haley Steinberg, a speaker for Authentic Brands Group, for you to immediately respond to a call and simply email from The Huffington Post using Friday requesting comment.
The push comes as Pamela Skaist-Levy and Gela Nash-Taylor, the brand's two leaders, are launching a new label, Pam & Gela, out of Los Angeles. Subsequently, Authentic Brands Group struck an understanding this week with shoe-making giant Fred Madden to design Juicy's new selection of women's footwear.
Last November, Kohl's announced a non-exclusive deal to start unloading Juicy clothes. The shift from a big-box retailer was perceived as the new death knell for the once-posh make brand.
Juicy's signature terrycloth tracksuits were a staple of the female casual style in the early- so as to mid-2000s, alongside UGG boots and North face coats fleece pullovers. When Juicy very first sold in 2003 to Liz Claiborne Inc. –- as Fifth or Pacific was then known -– The New York Times said the agency had been "built from a $200 start up to a $51 million concern" with nothing more than six years.
"We are a your lifestyle brand and we have a weirdly humongous demographic, from kids to 65-year-olds, " Taylor told the Times at the time.
But nonetheless , 11 years later, that market appears to have shrunken in the for you to.
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