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BRIEF-Fifth and Pacific agrees to early termination of Juicy Couture flagship store lease
November 20, 2013 / 12:45 PM / 4 years ago

BRIEF-Fifth and Pacific agrees to early termination of Juicy Couture flagship store lease

Nov 20 (Reuters) - Fifth & Pacific Companies Inc : * Fifth & Pacific Companies Inc agrees to early termination of the Juicy

Couture flagship store lease in exchange for $51 million * Says estimated net proceeds from exit of Juicy Couture business expected to

increase to $175-$185 million * Says signed agreement with landlord at 650 fifth avenue to terminate lease for its flagship juicy couture store in New York City * Says completion of this transaction is expected in the first half of 2014, at

which time the store will close * Source text for Eikon * Further company coverage

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