February 27, 2004 |
J.C. Penney Co., the second-largest U.S. department store, reported a fiscal fourth-quarter loss Thursday after writing down the value of its Eckerd drugstore chain, and rival Kohl's Corp. said profit fell 12% for a third straight quarterly drop after the retailer had to increase discounts to clear out leftover merchandise. Specialty retailers Limited Brands Inc. and Liz Claiborne Inc., which is also a major supplier, said quarterly profit rose as recent acquisitions boosted sales.
August 11, 2003
The U.S. apparel industry is in the midst of a new project to standardize clothing sizes, its aim to make trousers and shirts and dresses fit the proportions of real Americans. Using three-dimensional scanners, the "SizeUSA" census is measuring 10,000 shoppers of six different age groups and the four most populous ethnic groups.
March 19, 2003 |
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.
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.