Liz Claiborne brand blitz
Liz Claiborne has spent the best part of the last two decades buying small, niche-oriented brands. But this week the company ushered in a new era by announcing plans to focus on smaller, more powerful labels and develop its own retail businesses. Whatever the outcome of its change of direction, Arnold Karr believes the standards for a “lifestyle brand” have now been permanently raised.
ANALYSIS: Liz Claiborne raises the bar on brands
13 July 2007
Liz Claiborne has spent the best part of the last two decades buying small, niche-oriented brands. But this week the company ushered in a new era by announcing plans to focus on smaller, more powerful labels and develop its own retail businesses. Whatever the outcome of its change of direction, Arnold Karr believes the standards for a “lifestyle brand” have now been permanently raised.
US: Liz Claiborne reviews 16 brands, to cut jobs
11 July 2007
Apparel giant Liz Claiborne today revealed plans that could see it shed nearly half of its brands and cut 600 to 800 jobs as it attempts to cut costs in the face of a downturn in department store sales.
US: Liz Claiborne president Sullivan departs for Talbots
29 June 2007
Retailer The Talbots has appointed Liz Claiborne’s former president, Trudy Sullivan, as the company’s new president and CEO.
US: Liz Claiborne dies at 78
28 June 2007
Liz Claiborne, who built a business which made her the de facto outfitter of the working woman, died in New York Tuesday (26 June) after a ten-year battle with cancer.
US: Liz Claiborne to split into two units, hires CFO
21 June 2007
Liz Claiborne on Wednesday (20 June) unveiled a new organisational structure, splitting its business between “direct” and “partnered” brands, and said it had hired Andrew C Warren as its new chief financial officer.
US: Liz Claiborne refuses to comment on workforce cuts
29 May 2007
US apparel manufacturer Liz Claiborne has opted not to comment on reports that the company is set to shed 10% of its workforce.
US: Liz Claiborne Q1 profit plunges 66%
1 May 2007
Liz Claiborne’s profit fell 66% in the first quarter of the year, as it faced up to challenges in its domestic wholesale business and higher markdowns.
US: Restructuring costs hurt Liz Claiborne 4Q, FY profit
28 February 2007
Liz Claiborne Inc, the apparel maker whose brands include Dana Buchman, Ellen Tracy, Juicy Couture and Mexx, on Wednesday (28 February) reported a 6.4% fall in fourth quarter profit, blaming costs associated with a restructuring initiative.
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