November 7, 2011

Liz Claiborne completes sale of its eponymous brand

Liz Claiborne announced that it has completed the transaction to sell the domestic and international trademark rights of its Liz Claiborne family of brands and the domestic trademark rights of its Monet brand to JC Penney.

Liz Claiborne

Liz Claiborne Inc. is going to keep an exclusive licence for the Liz Claiborne and Monet brand jewellery lines. Its brand portfolio also includes Juicy Couture, Kate Spade and Lucky Brand.

The group’s CEO William McComb said that "With this announcement, the company has completed the last in a series of five transactions that in total have raised $471 million”.

By Olivier Guyot

archives Liz Claiborne

3/1/2013
JC Penney CEO Johnson seen having 6 months to fix troubles
...Izod and Liz Claiborne have been among the first batch and shown strong initial results. Next month, Canada's hip, colorful Joe Fresh fashion brand will open its boutiques as well.ACKMAN STILL BEHIND HIMWilliam...
See complete article
2/21/2013
Fifth & Pacific reports higher results, reaffirms 2013 forecast
...known as Liz Claiborne, confirmed its preliminary fourth-quarter sales performance, given in January.Same-store sales rose 27 percent at kate spade, its fast-growing fashion brand, and rose 3 percent at Lucky...
See complete article
1/16/2013
Li & Fung buys cosmetics group Lornamead
...sourcing for Liz Claiborne (Lucky Brand, Juicy Couture) and the British group Visage.
See complete article
10/25/2012
Fifth & Pacific posts operating loss as Juicy Couture struggles
...known as Liz Claiborne Inc until May, reported a third-quarter net loss of $18.
See complete article
10/2/2012
Fifth & Pacific slashes profit view on Juicy Couture
...known as Liz Claiborne Inc until May, lowered its forecast for 2012 earnings excluding items like interest, tax, depreciation and amortization (adjusted EBITDA) to a range of $100 million to $115 million, down from...
See complete article
7/27/2012
Fifth & Pacific loss narrows, Kate Spade sales up
...name from Liz Claiborne, said total sales from continuing operations fell 6.5 percent to $337 million, dragged down by declines in its Juicy Couture brand.The clothier and retailer reported a second-quarter net...
See complete article
7/24/2012
J.C. Penney raises cash, unveils new shops
...Izod and Liz Claiborne.Johnson started assembling a "dream team" last year to execute the turnaround for the 110-year-old company. But last month, a key member of the team, Michael Francis, left his position as...
See complete article
4/26/2012
Liz Claiborne revenues fall as Juicy Couture struggles
...Liz Claiborne Inc reported lower quarterly revenue as its largest brand, Juicy Couture, continued to struggle.
See complete article
4/12/2012
Maidenform opens up to French retail network for Spring-Summer 2013
...(formerly of Liz Claiborne-Mexx) – last January, its European development is taking shape. Already well-established in Great Britain, Scandinavia, Benelux and Spain thanks not only to its own brand but also its...
See complete article
4/3/2012
Liz Claiborne shares up on report of buyout talks
...Liz Claiborne Inc shares rose as much as 21 percent on Friday after the Wall Street Journal reported that the clothier and retailer had held buyout talks with private equity.
See complete article
3/29/2012
Jack Spade opens in London
...(formerly Liz Claiborne) is to open its first European store in the British capital this Friday.
See complete article
3/19/2012
JC Penney begins overhaul
...such as Liz Claiborne, Martha Stewart and L'Amour Nanette Lepore. She will work with Bill Gentner, also senior vice president of strategic brands, but in charge of brands such as The Original Arizona Jean Company...
See complete article
3/18/2012
Liz Claiborne taps Hilfiger exec to be CFO, COO
...Liz Claiborne Inc tapped a former Tommy Hilfiger executive as its new finance and operations chief starting next month, saying his combined experience in both fields is important as the clothesmaker and retailer...
See complete article
1/22/2012
Analysis: New pricing strategy could be Penney wise, but risky
...Stewart, Liz Claiborne and St. John's Bay are unlikely to create major new excitement or draw many new shoppers, and that Penney needs to build on the success of exclusives like its in-store Sephora cosmetics...
See complete article
1/10/2012
Liz Claiborne cuts outlook, shares drop 12 percent
...Liz Claiborne Inc, which recently announced a name change, cut its outlook for the year as the company expects to push more of its cost cuts to 2013, sending its shares down 12 percent after the bell.
See complete article
12/8/2011
Penney adds Martha Stewart brand in shot at Macy's
...away the Liz Claiborne brand from Macy's to become the exclusive department store to carry the label.Penney bought 11 million newly issued shares of Martha Stewart Living for $3.50 per share, or a 12 percent...
See complete article
11/15/2011
Elizabeth Arden profit helped by cost cuts
...brands from Liz Claiborne Inc (LIZ.N) and lower the effective royalty rate it pays to make other fragrance brands under the Juicy Couture and Lucky Brand names. The company made a $58.4 million payment to Liz...
See complete article
11/15/2011
Penney sees tepid holiday, to lay out turnaround
...buy the Liz Claiborne brand outright. It has said the Claiborne brand is selling well. Penney continued to build out new locations within its stores for Sephora's cosmetics boutiques and MNG by Mango's trendy...
See complete article

More results

Liz Claiborne completes sale of its eponymous brand

News

Photo galleries

Videos

Studies & Reports

Trends

Agenda