Liz Claiborne Inc - apparel and textile industry company news 
CANADA: Trimera to speed domestic design and production
10 February 2012
Apparel maker Trimera Group is opening two domestic development and production facilities next month to provide customers with on-site design centres as well as seamless knitting capabilities to help cut the time it takes to commercialise, test and launch products.
Spotlight on...JC Penney “fresh air” revamp a bold vision
26 January 2012
Few incoming CEOs have put their stamp on their new company as quickly as JC Penney’s Ron Johnson. His former life as head of retail at Apple is evident in the title of the new strategy for the ailing department store business: “In Praise of Fresh Air”.
US: Liz Claiborne CFO Andrew Warren to depart
10 January 2012
Apparel company Liz Claiborne Inc is searching for a new CFO after current incumbent Andrew Warren announced he will leave his post on 16 March.
US: Liz Claiborne lowers FY 2012 earnings forecast
10 January 2012
Lifestyle brand business Liz Claiborne Inc has lowered its full-year earnings guidance despite announcing strong comparable sales increases for two of its brands in pre-Christmas trading.
Top stories on just-style this week...
6 January 2012
Top stories on just-style this week centred largely around UK retailers who have found themselves in trouble - with the future of La Senza and Barratts seeing much interest. Across the Atlantic, US retailers reported their December sales on Thursday, while Sears announced plans to close up to 120 stores and Liz Claiborne Inc finally revealed its new name.
US: Liz Claiborne Inc rebrands as Fifth & Pacific Companies
4 January 2012
Liz Claiborne Inc today (4 January) revealed in intends to change its name to Fifth & Pacific Companies following the sale of its Liz Claiborne brands late last year.
just-style management briefing: Retail winners and losers in 2011
19 December 2011
While some retailers continued to be vulnerable to cost-cutting, swingeing redundancies and store closures in 2011, others acted swiftly to respond to the changing economic circumstances, offering real value to their customers and embarking on ambitious international expansion.
US: Warnaco names McCluskey CEO as Gromek retires
14 December 2011
Sportswear, intimate apparel and swimwear maker Warnaco Group Inc has named Helen McCluskey as its next president and chief executive officer, succeeding Joe Gromek who is retiring down after nearly a decade.
US: Perry Ellis names Petruzello as division president
17 November 2011
Apparel maker Perry Ellis International Inc has named Carmine Petruzello as president of its Perry Ellis division, responsible for men's wear sales, merchandising, operations, and developing the brand's global distribution strategy.
Slimmer Liz Claiborne to trim corporate costs
10 November 2011
The new slimmed-down Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne label, has admitted it will also have to trim its corporate costs in line with its smaller footprint - but that an investment in new IT systems is also on the cards.
US: Ascena Retail taps Sullivan for new IT role
10 November 2011
Ascena Retail Group Inc, operator of the Dressbarn, Maurices and Justice stores, has named John Sullivan to the newly created position of executive vice president and chief operating officer.
US: Liz Claiborne reaffirms FY despite wider Q3 loss
9 November 2011
Apparel seller Liz Claiborne Inc, which in recent months has sold several under-performing brands including Mexx and its namesake Liz Claiborne line, has reaffirmed its full-year targets despite seeing its third quarter loss widen.
US: Liz Claiborne completes JC Penney transactions
3 November 2011
Liz Claiborne announced that it has completed the sale of its Liz Claiborne and Monet brands to JC Penney.
US: G-III to develop clothing under Kensie brand
2 November 2011
G-III Apparel Group today (2 November) said it has entered a license agreement with KMJ Brand Holdings, an affiliate of Bluestar Alliance, to develop clothing under the Kensie brand for the US and Canadian markets.
US: Liz Claiborne completes Mexx sale
2 November 2011
Liz Claiborne has completed the sale of its Mexx division to a joint venture with private-equity firm the Gores Group.
US: Liz Claiborne completes sale of Kensie brands
25 October 2011
Liz Claiborne Inc has completed the sale of its Kensie, Kensiegirl and Mac & Jac brands to affiliates of Bluestar Alliance, as part of a wider brand sell-off announced earlier this month.
EUROPE: EC approves Mexx acquisition
19 October 2011
The European Commission (EC) has cleared the acquisition of the Mexx clothing, footwear and accessories business by private-equity firm The Gores Group.
Top stories on just-style this week...
14 October 2011
Brand sales dominated two of the top stories on just-style this week, with news that Jones Group Inc is mulling the sale of its jeanswear unit to Delta Galil Industries, and Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m.
VIEWPOINT: Has Liz Claiborne reached a turning point?
13 October 2011
Five years after taking the helm at Liz Claiborne Inc, it's hard to see exactly what William McComb has achieved. Sales are down, last year it could only muster a loss of $305.7m, and nearly one-quarter of its heyday brands have gone. But yesterday the company was confident it had finally reached a critical turning point.
US: DKNY taps Perry Ellis exec to lead jeans unit
13 October 2011
Following on from yesterday's news that Liz Claiborne Inc is to surrender its license for the DKNY Jeans and DKNY Active businesses one year ahead of schedule, Donna Karan International (DKI) says it now plans to ramp up the jeans unit's growth.
US: Bluestar sees "long term potential" in Kensie brands
13 October 2011
Bluestar Alliance LLC says it has set up a new unit to buy the Kensie, Kensie Girl & Mac & Jac brands from Liz Claiborne Inc, which was announced as part of a wider brand sell-off yesterday (12 October).
US: Liz Claiborne to change name amid $328m brand sale
12 October 2011
Struggling apparel firm Liz Claiborne Inc is to shed more brands, including its namesake line, for $328m as part of ongoing attempts to reduce its long-term debt, and will change its name as the business refocuses on three core brands.
US: Liz Claiborne wins dismissal of shareholder lawsuit
3 October 2011
Liz Claiborne has won the dismissal of a shareholder lawsuit which accused the brand of misrepresenting its relationships with Macy's and JC Penney, which caused its stock to plunge.
Top stories on just-style this week...
16 September 2011
Research that luxury fashion sales are being propelled by average consumers, brands boycotting Uzbek cotten harvested using forced child labour and ongoing talks around the Trans Pacific Partnership (TPP) trade pact were among the most read stories on just-style this week.
WORLD: Apparel firms join Uzbek cotton ban
12 September 2011
More than 60 of the world's best known apparel companies and brands, including Adidas, Burberry, C&A, Levi Strauss, Li & Fung, Liz Claiborne, PVH Corp and Wal-Mart Stores, have vowed not to source Uzbek cotton harvested using forced child labour.
In the money: Mexx sale a win-win for Liz Claiborne
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.
Liz Claiborne divests Mexx: what the analysts say
8 September 2011
Three months after putting its Mexx business on the block, apparel seller Liz Claiborne has divested the loss-making unit to a joint venture led by private equity firm The Gores Group. It will receive $85m and an 18.75% stake in the joint venture, with The Gores Group owning the remaining 81.25%.
Ten steps taken to turnaround Liz Claiborne
8 September 2011
Apparel seller Liz Claiborne Inc has spent the best part of the last four years trying to reduce its long-term debt and bring expenses in line with weak sales and consolidation of its department store customers. Measures have included the axing of thousands of global jobs, and the disposal of at least 14 brands - the most recent of which was its loss-making Mexx business. Here just-style charts its turnaround efforts so far.
US: Liz Claiborne to sell Mexx in private equity deal
2 September 2011
Liz Claiborne has announced plans to sell its loss-making Mexx business to a joint venture in partnership with private-equity firm The Gores Group.
In the money: Li & Fung sees growth in Asia sales and sourcing
17 August 2011
China not only continues to be key to the sourcing plans of Li & Fung, but is also seen as one of the main drivers of future growth for the consumer goods giant as it continues to face an uncertain environment in the US and Europe.
Related research
Liz Claiborne, Inc. - SWOT Analysis
Datamonitor's Liz Claiborne, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Liz Claiborne, Inc. - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Liz Claiborne, Inc. (Liz or ‘the company”) designs and markets a global portfolio of retail based apparels for men and women. The company also offers fashion accessories, cosmetics and jewelry. Some of the premium brands offered by the company include Juicy Couture, Kate Spade, Lucky Brand and Mexx. The company primarily operates in the US. It is headquartered in New York City, New York and employs about 11,500 people. The company recorded revenues of $3,011.9 million during the financial year ended January 2010 (FY2010), a decrease of 24.4% as compared to 2009. The decrease in the revenues is primarily attributed to reduced mall traffic and lower spending levels per purchase in the company’s specialty stores. The operating loss of the company was $334.6 million in FY2010, compared to an operating loss of $733.8 million in 2009. The net loss was $305.7 million in FY2010, compared to a net loss of $951.8 million in 2009.
Liz Claiborne, Inc. - Strategy and SWOT Report
Datamonitors' Liz Claiborne, Inc.’s SWOT, Strategy and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, SWOT analysis, product and service offerings, key financials and corporate actions, providing a 360° view of the company.
Liz Claiborne, Inc. (LIZ) - Financial and Strategic Analysis Review
Liz Claiborne, Inc. (Liz Claiborne) is engaged in designing and marketing of a global portfolio of retail based premium brands. Its products include branded women's and men's apparel, accessories, and fragrance products. The company's products are sold under Juicy Couture, Kate Spade, Lucky Brand Jeans and Mexx brands. It also offers various department store based branded products which include Liz Claiborne and Monet families of brands, the licensed DKNY Jeans and DKNY Active brands with strong consumer franchise. It also offers cosmetics and fragrances. The company operates in various countries of the world, spread across the five continents.
