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Liz Claiborne Inc

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BUSINESS
March 1, 2007 | From Bloomberg News
Liz Claiborne Inc. said it might drop some of its more than 40 clothing labels after fourth-quarter profit failed to meet analysts' estimates. Chief Executive William McComb said the company would focus on Kate Spade, Lucky Brand, Juicy Couture and other brands that showed the greatest potential for growth.
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BUSINESS
January 4, 2012 | By Tiffany Hsu
Liz Claiborne Inc. is looking to the coasts for reinvention as the fashion firm ditches its name for a new one that evokes the style hubs of New York and California: Fifth & Pacific Cos. The company hopes its new handle, meant to tap into the cool of Malibu and Manhattan shopping chic, will help refresh its image as it transitions from a department store retailer to a direct-to-consumer business. Claiborne, headquartered on New York's Broadway, plans to focus on fresher, premium brands such as Juicy Couture, Kate Spade and Lucky Brand that it says have more potential for global expansion.
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BUSINESS
February 8, 2006 | From Bloomberg News
Liz Claiborne Inc. will cut 500 jobs, or 4% of its workforce, and may close or rebrand about 20 stores amid a slide in sales growth. The New York-based company also will divide its more than 40 brands into five groups to save as much as $65 million a year starting in 2007. The changes will lead to a charge of $60 million this year, Claiborne said. The company also named four new group presidents as part of the restructuring.
ENTERTAINMENT
January 17, 2008 | From the Associated Press
Apparel and accessories maker Liz Claiborne Inc. has hired Isaac Mizrahi as its creative director for its namesake brand in a bid to rejuvenate its foundering and aging label. By signing on with Liz Claiborne, the award-winning designer is also ending his contract with Target Corp. He had created the powerful Isaac Mizrahi for Target collection, which has been a magnet in driving customer traffic to its stores and helped solidify Target's niche in cheap chic designs since its inception five years ago. Mizrahi's first women's collection for Claiborne, to arrive in stores for spring 2009, will appeal to the same customer but will be updated with bold colors and have a better fit, attributes for which the label had once been known, Claiborne officials said.
ENTERTAINMENT
February 2, 2007 | From Reuters
Tim Gunn, whose fashion know-how on the television reality show "Project Runway" has made him a household name among fledgling designers, will become the chief creative director of Liz Claiborne Inc., the company said Thursday. Gunn, 53, will be responsible for attracting and developing creative talent at Liz Claiborne, whose brands include Ellen Tracy, Juicy Couture, Lucky Brand Jeans, Laundry by Shelli Segal and Liz Claiborne itself.
BUSINESS
May 2, 2001 | Bloomberg News
Liz Claiborne Inc.'s Kim Roy resigned as group president in charge of the clothing company's namesake brand and other product lines and will join Ann Taylor Stores Corp. as president of the Ann Taylor division, effective May 29. Roy, 42, will report directly to Chief Executive J. Patrick Spainhour.
BUSINESS
December 16, 1997 | DIANE SEO, SPECIAL TO THE TIMES
Donna Karan International Inc. said Monday it plans to license new lines of jeans-wear and active-lifestyle clothing to Liz Claiborne Inc. as part of a restructuring plan. The deal gives Liz Claiborne exclusive rights to the DKNY Jeans and DKNY Active trademarks, including the right to source, market, distribute and sell the lines. Donna Karan International, a prominent design house that has stumbled recently, is in the midst of a corporate reorganization.
BUSINESS
February 27, 1989 | From Associated Press
Liz Claiborne, founder of the major clothing design house that bears her name, announced Sunday that she will retire from her posts as the company's chairwoman, chief executive and president in June. Liz Claiborne Inc. also announced that Claiborne's husband, Arthur Ortenberg, who co-founded the company, would retire from his position as the vice chairman of the board of directors. Both will remain as board members, the company said.
BUSINESS
July 9, 1996 | From Bloomberg Business News
Liz Claiborne Inc. said Monday that it will enter the lower-priced women's clothing market with new and re-priced lines aimed at both department store and discount store shoppers. The New York-based designer, known for its higher-priced women's apparel, said it will introduce a moderately priced Emma James department store line for spring and reposition its Russ brand for mass merchandisers such as Wal-Mart Stores Inc.
BUSINESS
December 25, 1989 | From Associated Press
Liz Claiborne Inc., a top women's apparel maker, was the most profitable public firm in the United States during the 1980s, according to a survey by Forbes magazine. Liz Claiborne had an average 51.8% return on equity during the nine years since it went public, placing it ahead of the second most profitable firm, Rollins Inc., a pest control and alarm system firm, which had an average return on equity of 47.2%, Forbes said in its issue dated Jan. 8.
CALIFORNIA | LOCAL
June 28, 2007 | Elaine Woo, Times Staff Writer
Liz Claiborne, the designer who built a global fashion empire by taking career women out of "uptight" suits and offering them a wide range of affordable, feminine and colorful separates that were stylish without being trendy, has died. She was 78. Often called the working woman's best friend, Claiborne died Tuesday at New York Presbyterian Hospital after battling cancer for several years, a family spokesman said.
BUSINESS
May 8, 2007 | From the Associated Press
In a rare marriage between a mainstream apparel company and a luxury designer, Liz Claiborne Inc. is buying the high-end design firm of Narciso Rodriguez, who became famous for creating the wedding dress that Carolyn Bessette wore to wed John F. Kennedy Jr. The deal announced Monday should help Rodriguez, who has been struggling financially despite a strong following and enormous press.
BUSINESS
March 1, 2007 | From Bloomberg News
Liz Claiborne Inc. said it might drop some of its more than 40 clothing labels after fourth-quarter profit failed to meet analysts' estimates. Chief Executive William McComb said the company would focus on Kate Spade, Lucky Brand, Juicy Couture and other brands that showed the greatest potential for growth.
ENTERTAINMENT
February 2, 2007 | From Reuters
Tim Gunn, whose fashion know-how on the television reality show "Project Runway" has made him a household name among fledgling designers, will become the chief creative director of Liz Claiborne Inc., the company said Thursday. Gunn, 53, will be responsible for attracting and developing creative talent at Liz Claiborne, whose brands include Ellen Tracy, Juicy Couture, Lucky Brand Jeans, Laundry by Shelli Segal and Liz Claiborne itself.
BUSINESS
February 8, 2006 | From Bloomberg News
Liz Claiborne Inc. will cut 500 jobs, or 4% of its workforce, and may close or rebrand about 20 stores amid a slide in sales growth. The New York-based company also will divide its more than 40 brands into five groups to save as much as $65 million a year starting in 2007. The changes will lead to a charge of $60 million this year, Claiborne said. The company also named four new group presidents as part of the restructuring.
BUSINESS
January 7, 2005
* Liz Claiborne Inc. said it acquired C&C California Inc. for at least $28 million. Liz Claiborne, based in New York, said it would make additional payments in fiscal years 2007, 2008 and 2009 based on performance. * General Motors Corp. is working with Sandia National Laboratories on a four-year, $10-million plan to develop storage tanks that would let hydrogen-powered vehicles travel as far as gasoline models on a tank of fuel.
BUSINESS
May 22, 1999 | ABIGAIL GOLDMAN, TIMES STAFF WRITER
Baby boomer outfitter Liz Claiborne Inc. said Friday it is acquiring Vernon-based Lucky Brand Dungarees Inc., the sassy denim company that Claiborne hopes will extend the company's reach into the lucrative younger market. The latest acquisition, for an undisclosed price, comes on top of a two-year buying spree aimed at broadening the company's offerings into every major age category.
BUSINESS
March 19, 2003 | Hanah Cho, Times Staff Writer
Liz Claiborne Inc. has been a relentless shopper over the last four years. On Tuesday, the New York-based apparel maker snapped up the Los Angeles-based Juicy Couture brand of expensive casual duds, adding yet another designer label to its collection of women's attire that ranges from loungewear to silk power suits. Financial terms weren't disclosed.
BUSINESS
October 1, 2002 | Bloomberg News
Liz Claiborne Inc. bought women's sportswear maker Ellen Tracy Inc. for about $180 million in cash and debt to offer more brands and a broader price range. The purchase, which includes assuming about $10 million of debt of closely held Ellen Tracy and its related companies, won't affect profit this year and will add to it in 2003, a Liz Claiborne spokeswoman said. Ellen Tracy had sales of about $171 million last year.
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