Women's wear maker and retailer Liz Claiborne Inc has warned that its second quarter loss is likely to be wider than expected, but gave no reason why it has revised its forecasts.

In a regulatory filing yesterday (18 June), the owner of the Kate Spade, Juicy Couture and Lucky brands said second quarter loss per share is "projected to increase moderately compared to the first quarter."

Last month the company predicted its second quarter results would be in line with the first quarter, when its loss widened to $91.4m, or $0.97 per share, from a loss of $31.0m, or $0.33 per share a year earlier.

However, it also expects its second quarter loss to be smaller, driven by lower restructuring costs.

Separately, the New York based company also said it intends to offer $75m of convertible senior notes due 2014.

The company intends to use the net proceeds from the offering to temporarily pay down a portion of the outstanding borrowings under its amended credit facility.