In the money: Mexx sale a win-win for Liz Claiborne
Author: Leonie Barrie | 8 September 2011
The deal revealed last week by Liz Claiborne Inc to sell its loss-making Mexx business to a joint venture led by private equity firm The Gores Group is a win-win for all concerned, the company believes. But analysts suggest more non-strategic brands could still be in the firing line.
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