October 1, 2002 |
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.
August 29, 2001 |
At a restaurant in this Washington suburb, 240 cosmetic counter salespeople, the ladies who stand on their feet all day, pushing a little bit of glamour across the glass counter, clap wildly and shout, "Whoo! Whoo! Whoo!" Crank 'em up! Spend $15,000 to $20,000 on a rally to get 'em trembling over Mambo, Liz Claiborne's new perfume that somehow distills the beauty and mystery of all things Latino.
May 2, 2001 |
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.
February 29, 2000 |
Stock Exchange lets readers listen in as Times staff writers James Peltz and Michael Hiltzik debate merits of individual stocks. Jim: I've been looking forward to today's chat. Know why? Mike: I'll bite, Jim. Why? Jim: Because this is one time we get to discuss two companies that actually make something--and it's even easy to understand what they make.
October 8, 1999 |
Liz Claiborne, intent on clothing women up and down the fashion spectrum, said Thursday that it has agreed to buy the Los Angeles-area maker of Laundry clothing, a high-end label of trendy dresses and sportswear. Terms of the deal were not disclosed. Laundry, led by designer Shelli Segal, joins an expanding collection of brands at Claiborne aimed at garnering younger shoppers who are willing to pay handsomely for their clothing.
May 22, 1999 |
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.
September 18, 1998 |
Liz Claiborne Inc., an apparel company with an executive appointed by the White House to lead a sweatshop task force, is buying clothing from a contractor that violates that panel's overtime recommendations, a labor group charged Thursday.
December 16, 1997 |
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.
October 18, 1996 |
Liz is back. Liz Claiborne Inc., the women's apparel giant whose stellar growth and industry leadership were badly marred by an early 1990s slump, is back in fashion on Main Street and on Wall Street. Revamped designs, new product lines, wider store distribution, aggressive cost-cutting and streamlined management are again lifting the company's sales and profit.