The boutique is the fifth unit to open this year and brings the company’s store count in the U.S. to 11.
The company's former president, who is mulling his next move, plans to stay in the global luxury arena.
Prather, a 20-year veteran of the fashion industry, has been tapped president of Lyssé, a lifestyle apparel brand with slimming technology.
The private equity firm is said to be in deep discussions with Fifth & Pacific.
After talks at in Bali, ministers from 159 countries agreed on a deal worth an estimated $1 trillion to the global economy.
Garment workers across Cambodia are calling for an increase to the country’s mandated minimum wage of $80 a month.