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Fabric Raises $43M in Series A Round

| Mike O'Brien

Fabric, a provider of cloud-based headless commerce architecture, has raised $43 million in a Series A round led by Norwest Venture Partners, with additional participation from Redpoint Ventures and Sierra Ventures, coming months after its $9.5 million seed round. Funds will be used to expand its engineering, product and sales teams.

Fifth & Pacific Sells Juicy Couture

| Tim Parry

Fifth & Pacific Companies said on Oct. 7 that it agreed to sell the intellectual property of the Juicy Couture brand to Authentic Brands Group for $195 million cash.

Fifth & Pacific Sees 13.4% Net Sales Increase

| Erin Lynch

Fifth & Pacific, which includes clothing and lifestyle brands such as Juicy Couture, Kate Spade, and Lucky Brand, released it’s second quarter financials which showed a net sale increase of $45 million.