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Liz Claiborne Looks To Revitalize
- The Wall Street Journal, Friday, January 13, 2012 10:30 AM
Liz Claiborne Inc. looks to grow the three primary brands the apparel company now holds. The Juicy Couture, Kate Spade and Lucky Brand Jeans lines all have the potential or are already well positioned to deliver, CEO Bill McComb said Wednesday at an industry conference. "Our business plan is now finalized."
Liz plans its growth to come under the company's new name, Fifth & Pacific Cos. "We have the right team, the right portfolio ... and the right name," McComb said. The company's trading symbol will change to FNP. The company will also have a new chief financial officer in place by March 16, when current CFO Andy Warren departs, McComb said.
