W I T N E S S E T H :

EXHIBIT 10(U)(VII)

EXECUTION VERSION

FIRST AMENDMENT, dated as of November 6, 2013 (this “Amendment”), to the Third Amended and Restated Credit Agreement, dated as of April 18, 2013 (as heretofore amended and as may be further amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Fifth & Pacific Companies, Inc. (the “Company”), Kate Spade UK Limited and Kate Spade Canada Inc. (collectively, the “Borrowers”), the other Loan Parties from time to time party thereto, the Lenders party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and US Collateral Agent, J.P. Morgan Europe Limited, as European Administrative Agent and European Collateral Agent, JPMorgan Chase Bank, N.A., Toronto Branch, as Canadian Administrative Agent and Canadian Collateral Agent, Bank of America, N.A., as Syndication Agent, and Wells Fargo Capital Finance, LLC and SunTrust Bank, as Documentation Agents.

W I T N E S S E T H :

WHEREAS, (i) the Borrowers, the other Loan Parties, the Lenders, the Syndication Agent, the Documentation Agents, the Administrative Agent, the European Administrative Agent and the Canadian Administrative Agent are parties to the Credit Agreement, (ii) Fifth & Pacific Companies, Inc., certain Subsidiaries thereof (including Juicy Couture, Inc. (“Juicy”), L.C. Licensing LLC (“L.C. Licensing”) and ABG Juicy Couture, LLC (“Juicy Newco”)), and JPMorgan Chase Bank, N.A., in its capacity as the Administrative Agent and the US Collateral Agent are parties to the Amended and Restated US Pledge and Security Agreement dated as of April 18, 2013 (as heretofore amended and as may be further amended, supplemented or otherwise modified from time to time, the “US Security Agreement”) and (iii) Juicy Couture Europe Limited (“Juicy Europe”) and J.P. Morgan Europe Limited, in its capacity as the European Administrative Agent and European Collateral Agent are parties to the Juicy Debenture;

WHEREAS, the Company has entered into that certain Purchase Agreement dated as of October 7, 2013 (as amended by an Amendment Agreement dated as of November 6, 2013, the “Purchase Agreement”), by and among the Company, Juicy and ABG-Juicy, LLC, a Delaware limited liability company (the “Buyer”), pursuant to which (i) the Company, L.C. Licensing, Juicy and Juicy Europe will transfer to Juicy Newco the Juicy Assumed Contracts and the Juicy IP Assets (as each such term is defined in the Purchase Agreement), and Juicy Newco will assume the Juicy Assumed Liabilities (as defined in the Purchase Agreement), and (ii) at the Closing Date (as defined in the Purchase Agreement), the Buyer will purchase from Juicy 100% of the issued and outstanding limited liability company membership interests of Juicy Newco (the “Company Shares”);

WHEREAS, in connection with the foregoing, the Borrowers have requested that the Lenders permit the sale transaction contemplated by the Purchase Agreement;

WHEREAS, in connection with the foregoing, the Lenders are willing to amend the Credit Agreement as set forth herein.

NOW, THEREFORE, in consideration of the premises contained herein, the parties hereto agree as follows:

1.              Defined Terms.  Unless otherwise defined herein, capitalized terms used herein which are defined in the Credit Agreement are used herein as therein defined.

2.              Amendments.

(a)                 Clause (a)(vii) of the definition of “Consolidated EBITDA” in Section 1.01 of the Credit Agreement is hereby amended and restated in its entirety as follows:

“(vii) cash restructuring charges, cash charges in connection with store closure and other non-recurring cash charges, in each case, related to cost reduction and brand exiting related activities (A) in connection with the wind-down of the Juicy Couture business following the Closing Date (as defined in the Juicy Purchase Agreement) contemplated by the Juicy Purchase Agreement or (B) in an aggregate amount not to exceed $10,000,000 for any Test Period,”

(b)                 Section 1.01 of the Credit Agreement is hereby amended to add the following definition:

“Juicy Purchase Agreement” means that certain Purchase Agreement dated as of October 7, 2013, by and among the Company, Juicy Couture, Inc. and ABG-Juicy LLC, as amended by an Amendment Agreement dated as of November 6, 2013 and as such agreement may be further amended, supplemented or otherwise modified in a manner that is not adverse to the interests of the Lenders.”

(b)                 Section 6.05 of the Credit Agreement is hereby amended to insert the following clause (u) in the appropriate alphabetical order: “(u)     the sale of 100% of the issued and outstanding limited liability company membership interests in ABG Juicy Couture, LLC pursuant to the Juicy Purchase Agreement;”

(c)                  The final paragraph of Section 6.05 of the Credit Agreement is hereby amended by deleting “and (r)” and replacing it with “, (r) and (u)”.

3.              Representations and Warranties.  The Borrowers hereby represent that as of the Amendment Effective Date (as defined below) each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents is true and correct in all material respects as if made on and as of such date (it being understood and agreed that any representation or warranty that by its terms is made as of a specific date shall be required to be true and correct in all material respects only as of such specified date), and no Default or Event of Default has occurred and is continuing after giving effect to the amendments contemplated herein.

4.              Effectiveness of Amendment.  This Amendment shall become effective on and as of the date (such date the “Amendment Effective Date”) of satisfaction of the following conditions:

(a)                 execution and delivery of this Amendment by the Borrowers, the Administrative Agent, the US Collateral Agent, the European Administrative Agent, the European Collateral Agent, the Canadian Administrative Agent, the Canadian Collateral Agent and the Lenders;

(b)                 substantially simultaneously with the Amendment Effective Date, the sale of the Company Shares to the Buyer and/or any of its Affiliates pursuant to the Purchase Agreement;

(c)                  both immediately before and after giving effect to this Amendment and the sale of the Company Shares, no Default or Event of Default shall have occurred and be continuing on the Amendment Effective Date;

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(d)                 both immediately before and after giving effect to this Amendment and the sale of the Company Shares, each of the representations and warranties made by any Loan Party in the Loan Documents shall be true and correct in all material respects on and as of the Amendment Effective Date as if made on and as of such date except to the extent such representations and warranties expressly relate to an earlier date, in which case they shall be true and correct in all material respects as of such earlier date; and

(e)                  receipt by the Administrative Agent of all reasonable and documented out-of-pocket costs and expenses for which invoices have been presented (including the reasonable and documented fees and expenses of one firm of external legal counsel in each relevant jurisdiction).

5.              Expenses.  The Borrowers agree to pay and reimburse the Administrative Agent for all its reasonable and documented out-of-pocket costs and expenses incurred in connection with the preparation and delivery of this Amendment, including, without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent.

6.              Effect.  Except as expressly amended or modified hereby, all of the representations, warranties, terms, covenants and conditions of the Loan Documents shall remain unamended, unmodified and not waived and shall continue to be in full force and effect.  The Borrowers and the other parties hereto acknowledge and agree that this Amendment shall constitute a Loan Document.  This Amendment shall not constitute an amendment of any provision of the Credit Agreement or any other Loan Document not expressly referred to herein and shall not be construed as a waiver or consent to any further or future action on the part of the Borrowers that would require a waiver or consent of the Lenders or any Agent.  Except as expressly amended hereby, the provisions of the Credit Agreement are and shall remain in full force and effect.  On and after the Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof”, or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement after giving effect to this Amendment.

7.              Consent of Guarantors.  Each of the Loan Guarantors hereby consents to this Amendment, and to the amendments and modifications to the Credit Agreement pursuant hereto and acknowledges the effectiveness and continuing validity of its obligations under or with respect to the Credit Agreement, any Loan Guaranty, any Collateral Document and the Notes Intercreditor Agreement, as applicable, and its liability for the Obligations or Secured Obligations, as applicable, pursuant to the terms thereof and that such obligations are without defense, setoff and counterclaim

8.              Counterparts.  This Amendment may be executed in any number of counterparts by the parties hereto (including by facsimile or electronic transmission), each of which counterparts when so executed shall be an original, but all the counterparts shall together constitute one and the same instrument.

9.              Severability.  Any provision of this Amendment which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

10.       Integration.  This Amendment and the other Loan Documents represent the entire agreement of the Loan Parties, the Administrative Agent, the US Collateral Agent, the European Administrative Agent, the European Collateral Agent, the Canadian Administrative Agent, the Canadian Collateral Agent and the Lenders with respect to the subject matter hereof, and there are no promises, undertakings, representations or warranties by the Administrative Agent, the European Administrative Agent, the Canadian

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Administrative Agent or any Lender relative to the subject matter hereof not expressly set forth or referred to herein or in the other Loan Documents.

11.       GOVERNING LAW.  THIS AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK.

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed and delivered by their proper and duly authorized officers as of the day and year first above written.

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