2011 News
Nov 9 2011
LIZ CLAIBORNE INC. REPORTS 3rd QUARTER AND NINE MONTH RESULTS
New York, NY – November 9, 2011 – Liz Claiborne Inc. (NYSE:LIZ) today announced earnings for the third quarter of 2011. For the third quarter of 2011 on a GAAP basis, income from continuing operations was $2 million, or $0.02 per share, compared to a loss from continuing operations of ($42) million, or ($0.45) per share, for the third quarter of 2010.
Nov 2 2011
Liz Claiborne, Inc. Completes Sale of Liz Claiborne and Monet Brands
Liz Claiborne, Inc. (NYSE: LIZ) today announced that it has completed the transaction to sell domestic and international trademark rights of its Liz Claiborne family of brands and domestic trademark rights of its Monet brand to J. C. Penney Company, Inc.
Nov 2 2011
Liz Claiborne, Inc. and Gores Group Complete Mexx Joint Venture Transaction
Liz Claiborne, Inc. today announced that it has completed the transaction to sell its global Mexx business to a joint venture in exchange for 18.75% of the common equity of the joint venture and total cash consideration of $85 million (subject to post-closing working capital adjustments), which includes the assumption of ABL facility debt by the joint venture.
Oct 27 2011
Liz Claiborne, Inc. Completes Sale of Kensie Portfolio of Brands
Liz Claiborne, Inc. (NYSE: LIZ) today announced that it has completed the transaction to sell trademark rights and certain other assets of its Kensie, Kensiegirl and Mac & Jac brands to affiliates of Bluestar Alliance, LLC.
Oct 12 2011
LIZ CLAIBORNE, INC. ANNOUNCES TRANSACTIONS GENERATING TOTAL CASH PROCEEDS OF $328 MILLION
New York, NY – October 12, 2011 – Liz Claiborne, Inc. (NYSE:LIZ) today announced that it has entered into definitive agreements to sell its Liz Claiborne, Monet and Kensie brands, and has completed the sale of its Dana Buchman brand, for total cash proceeds of approximately $328 million, of which $308 million represents sale proceeds.
Sep 14 2011
NEW SURVEY REPORTS 43% OF DATING COLLEGE WOMEN HAVE EXPERIENCED VIOLENT AND ABUSIVE DATING BEHAVIORS
The survey, “Liz Claiborne Inc.’s Love Is Not Abuse 2011 College Dating Violence and Abuse Poll,” was conducted by Knowledge Networks to address the lack of data on dating violence and abuse among college students and to increase the understanding of this problem on college campuses nationwide.
Sep 2 2011
LIZ CLAIBORNE INC. ANNOUNCES MEXX JOINT VENTURE AGREEMENT
Liz Claiborne, Inc. today announced that it has agreed to sell its global Mexx business to a joint venture in exchange for 18.75% of the common equity of the joint venture and total cash consideration of $85 million, subject to working capital closing adjustments, which includes $60 million of ABL facility debt that is expected to be assumed by the joint venture and refinanced at closing.
Aug 11 2011
LIZ CLAIBORNE INC. ANNOUNCES DE-LEVERAGING AND COST MANAGEMENT INITIATIVES
Receives $58.4 Million from Elizabeth Arden for Pre-payment of Certain Royalties and Purchase of the Curve Fragrance Trademarks. Announces Agreement with Li & Fung Limited for U.S. Distribution
Jul 28 2011
LIZ CLAIBORNE INC. REPORTS 2nd QUARTER AND FIRST HALF RESULTS
Liz Claiborne Inc. today announced earnings for the second quarter of 2011. For the second quarter of 2011 on a GAAP basis, the loss from continuing operations was ($88) million, or ($0.93) per share, compared to a loss from continuing operations of ($77) million, or ($0.81) per share, for the second quarter of 2010.
Jul 7 2011
Liz Claiborne Inc. Names Lloyd A. Perlmutter as Chief Executive Officer of Mexx Canada
Liz Claiborne Inc. announced the appointment of Lloyd A. Perlmutter as Chief Executive Officer of its Mexx Canada division. Mr. Perlmutter will join Mexx beginning July 5th and will report to Thomas Grote, Chief Executive Officer of Mexx Europe.
May 19 2011
Annual Meeting Message from CEO, Bill McComb
What follows is an excerpt from Bill McComb’s remarks at LCI’s Annual Shareholders Meeting held on May 19, 2011.
May 19 2011
kate spade new york announces joint venture with e.land group in mainland china joint venture significantly increases Liz Claiborne inc.’s presence in mainland china
new york, ny, may 18, 2011: kate spade new york, a subsidiary of liz claiborne inc., announced today it has signed an agreement to form a new joint venture in mainland china with the e.land group to solidify the brand’s significant presence and future growth potential in the chinese market.
May 6 2011
kensie Now Open at Chicago Premium Outlets®
New York, New York, May 4, 2011: kensie recently opened an outlet store at Chicago Premium Outlets® in Aurora, Illinois, on Thursday, April 28th. The 3,200 square foot location in the Chicago suburb is filled with kensie and kensiegirl apparel and select licensed product including shoes and handbags.
May 4 2011
Juicy Couture Offers A Glimpse Into Their Fearless, Glamorous World Through New Tumblr Blog
Site Will Roll Out Social Media’s Shining Stars As “Guest Couturists”
May 3 2011
A MESSAGE FROM THE CEO, LIZ CLAIBORNE INC.
As you may know, last week was a busy one for Liz Claiborne Inc. We reported our first quarter earnings, and we also held an investor conference to share our plans and goals for the year ahead.
Apr 27 2011
LIZ CLAIBORNE INC. REPORTS 1st QUARTER RESULTS
New York, NY – April 27, 2011 – Liz Claiborne Inc. (NYSE:LIZ) today announced earnings for the first quarter of 2011. For the first quarter of 2011 on a GAAP basis, the loss from continuing operations was ($84) million, or ($0.88) per share, compared to a loss from continuing operations of ($56) million, or ($0.59) per share, for the first quarter of 2010.
Apr 21 2011
LIZ CLAIBORNE INC. TO WEBCAST APRIL 28, 2011 INVESTOR DAY CONFERENCE
Liz Claiborne Inc. will webcast its 2011 Investor Day Conference to the general public on Thursday April 28, 2011, beginning at 9:00 a.m. Eastern Time.
Apr 20 2011
Liz Claiborne Inc. To Release First Quarter 2011 Results on Wednesday, April 27, 2011
NEW YORK, Apr 20, 2011 (BUSINESS WIRE) -- Liz Claiborne Inc. (NYSE:LIZ) will release its fiscal 2011 first quarter results on Wednesday, April 27, 2011 after the market closes. The Company will also sponsor a conference call on April 27, 2011 at 4:30 p.m. Eastern Time to discuss these results.
Mar 28 2011
A MESSAGE FROM BILL MCCOMB, CEO, LIZ CLAIBORNE INC
Brand strength or brand power is what fuels the performance of the most admired companies in our industry and over the past four years, we've made sweeping changes to our organization to support and nurture brand power.
Mar 28 2011
Liz Claiborne, Inc. Announces Proposed Senior Secured Notes Offering
Liz Claiborne, Inc. announced that it intends to offer $200.0 million aggregate principal amount of senior secured notes due 2019.
Mar 27 2011
Liz Claiborne, Inc. Releases February Direct to Consumer Comparable Sales and Provides First Quarter 2011 Adjusted EBITDA Projection
Liz Claiborne, Inc. announced February direct to consumer comparable sales and provided projections for 2011 first quarter Adjusted EBITDA.
Mar 11 2011
Liz Claiborne Inc. Responds to S&P Rating Change
In response to the change by Standard & Poor's Ratings Services ("S&P") to the corporate credit rating of Liz Claiborne Inc. (NYSE: LIZ) from a B- to CC, Andrew Warren, Chief Financial Officer of Liz Claiborne Inc., today issued a statement.
Mar 10 2011
Liz Claiborne, Inc. Announces Tender Offer for Up to Euro 155,000,000 of its 5.0% Notes Due 2013
Liz Claiborne, Inc. (NYSE: LIZ) (the "Company") today announced that it is commencing a cash tender offer (the "Offer") to purchase up to euro 155,000,000 aggregate principal amount of its euro 350,000,000 5.0% Notes due 2013 (the "Notes"), subject to increase or decrease by the Company (the "Maximum Principal Amount").
Mar 10 2011
Liz Claiborne, Inc. Announces Tender Offer for Up to Euro 155,000,000 of its 5.0% Notes Due 2013
Liz Claiborne, Inc. (NYSE: LIZ) (the "Company") today announced that it is commencing a cash tender offer (the "Offer") to purchase up to euro 155,000,000 aggregate principal amount of its euro 350,000,000 5.0% Notes due 2013 (the "Notes"), subject to increase or decrease by the Company (the "Maximum Principal Amount").
Feb 17 2011
LIZ CLAIBORNE INC. REPORTS 4th QUARTER AND FULL YEAR RESULTS
Liz Claiborne Inc. (NYSE:LIZ) today announced earnings for the fourth quarter of 2010. For the fourth quarter of 2010 on a GAAP basis, the loss per share from continuing operations was ($0.24) compared to a loss per share from continuing operations of ($0.39) for the fourth quarter of 2009.
Feb 4 2011
Edgar Huber Named EVP, Global Business Development for Liz Claiborne Inc.
Liz Claiborne Inc. (NYSE: LIZ) today announced that Edgar Huber, Chief Executive Officer of Juicy Couture, will be assuming a new position as Executive Vice President of Global Business Development for Liz Claiborne Inc., effective February 14, 2011.
Jan 27 2011
LIZ CLAIBORNE INC. ELECTS LAWRENCE BENJAMIN TO BOARD OF DIRECTORS
Liz Claiborne Inc. (NYSE: LIZ) today announced the election of Lawrence Benjamin to the Company's Board of Directors.
Jan 7 2011
LIZ CLAIBORNE INC. ANNOUNCES PRELIMINARY FOURTH QUARTER DIRECT-TO-CONSUMER COMPARABLE SALES AND UPDATES SECOND HALF OUTLOOK
New York, NY – January 6, 2011 – Liz Claiborne Inc. (NYSE:LIZ) today announced preliminary fourth quarter 2010 direct-to-consumer comparable sales (inclusive of e-commerce net sales)
Jan 4 2011
kate spade new york announces new face for spring/summer 2011 ad campaign

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