Juicy Couture Explained

Juicy Couture
Type:Subsidiary
Foundation: in Pacoima, LA
Founder:Pamela Skaist-Levy
Gela Nash-Taylor
Location City:Arleta, Los Angeles
Location Country:United States
Industry:Fashion
Products:Clothing
accessories
perfumes
Revenue:$19.50M[1]
Num Employees:160
Parent:Authentic Brands Group

Juicy Couture is an American casualwear and dress clothing brand based in Arleta, Los Angeles, California. Best known for their velour tracksuits which became a luxury staple in the 2000s,[2] [3] the company was founded by Pamela Skaist-Levy and Gela Nash-Taylor in 1997[4] and was later purchased by the Liz Claiborne fashion company in 2003. Juicy Couture has turned into a global seller with their velour tracksuits and other fashions that span clothing, denim, handbags, shoes, intimates, swimwear, fragrance, accessories, sunglasses, yoga and babywear.[5]

History

Juicy Couture was started by two friends in 1997. Gela Nash (before marrying Duran Duran's John Taylor) and Pamela Skaist-Levy (while married to filmmaker Jefery Levy), both residing in Pacoima, California, decided to create their own fashion label, Travis Jeans, in 1989 selling maternity pants. In 1996 they changed the name to Juicy Couture.

All Juicy Couture items are manufactured with the company signature logo: two highland terriers holding a shield bearing three hearts and Love P&G (for Pamela and Gela). A crown lies on top along with a Juicy Couture flowing banner. Following this, the brand juicy couture has had multiple revisions of their signature tag, such as the most well known square tag with the dogs on it, along with their newer tags. Juicy couture has multiple different colored tags that correspond to different articles of clothing.

From 1996, after establishing their company and needing to get public attention for the brand, Nash and Levy started to send their completed designs to celebrities. In 2001, the famous Juicy tracksuit was introduced and custom designed for Madonna;[6] who turned the velour tracksuit into a trend. The public appearance of clothes worn by celebrities made the brand famous almost instantly. Madonna was the first big breakthrough celebrity endorsement for the company. Later, in 2004, the velour tracksuit once again became very popular among celebrities such as Jennifer Lopez, Britney Spears, and Paris Hilton.[7] Juicy Couture then became a brand known around the world for the image of being the outfit of the "new money".[8] Juicy Couture was a limited brand being available at few locations until the late 2000s.

In 2003 formerly Liz Claiborne Inc. (later known as Fifth & Pacific Companies, Inc.) acquired the company.

On November 1, 2010, LeAnn Nealz was named president and chief creative officer. In this position, she would be responsible for all creative elements of the business including product design of the items, marketing and store design and reporting to Edgar Huber, chief executive officer of Juicy Couture.[9] Former Vogue accessories director Michelle Sanders was also hired to handle new licenses for jewelry, handbags and swimwear.[10]

An informed "guesstimate" put Juicy sales at about $200 million in one year. Vogue noted the company's growing – even exploding – popularity, saying, "The time may have come when Seventh Avenue's lofty vantage point suddenly seems less relevant than the ground-level perspective of the designer as consumer."[11]

Sale

On October 7, 2013, Fifth & Pacific, Inc. announced that they would sell Juicy Couture to Authentic Brands Group for $195 million.[12] In June 2014, the company was reported to be closing all its stores in the United States, with the closure expected by the end of June 2015. The company's 60 international stores would remain operating. In September 2014, Juicy Couture began being sold in Kohl's in the United States.[13] In 2021, JCPenney began selling Juicy by Juicy Couture.

Notes and References

  1. http://www.hoovers.com/company/Juicy_Couture_Inc/rrysshi-1.html Profile: Juicy Coulture
  2. Web site: Juicy Couture. July 10, 2012.
  3. Web site: History of Juicy Couture . The Young Creator . 2012-01-24 . 2014-08-02.
  4. Web site: The History . Juicycouture.com . 2012-05-24.
  5. Web site: About . Juicy Couture . 2012-05-24.
  6. Web site: Juicy Couture: A Fairy Tale for Every Age . 2012-07-11.
  7. Web site: How to Bottle a Generation . 2012-07-11.
  8. Web site: Old Nantucket Warily Meets the New . 2012-07-11.
  9. Web site: Juicy Couture Names Leann Nealz President and Chief Creative Officer - NEW YORK, Sept. 29 /PRNewswire/ . New York . PR Newswire . 2012-05-24.
  10. News: Juicy Couture Success | The taste of success. Los Angeles Times . 2004-11-23 . 2012-05-24 . Booth . Moore.
  11. Web site: Living in a Juicy World . Carnegie Mellon Today . 2012-05-24.
  12. News: UPDATE 1-Fifth & Pacific sells Juicy Couture brand for $195 million. Reuters. October 7, 2013 .
  13. Web site: Juicy Couture | Kohl's. www.kohls.com.