Liz CLaiborne news and archive

Mexx acquired for 21 million euros

Turkish company Eroglu Holding reportedly paid a total of 21 million euros for the restarted Dutch fashion label Mexx, a fraction of the price paid for the label when its founder Rattan Chadha first sold it off to American firm Liz Claiborne for 430 million dollars. The Turkish textile and retail company was revealed to be the new owners of Mexx...

Apparel

Safilo renews Liz Claiborne license

Premium eyewear manufacturer Safilo has confirmed it is renewing its licensing agreement with JCPenney for the design, production and distribution of the Liz Claiborne and Claiborne optical frames and sunglass collections in America until December 31, 2017. The multi-year agreement, which includes an additional five-year renewal option,...

Apparel

Liz Claiborne officially becomes Fifth & Pacific

Liz Clairborne Inc., the holding company to fashion and lifestyle brands Juicy Couture, Kate Spade and Lucky Brand, has officially changing its name to Fifth & Pacific Companies. As of this week, Fifth & Pacific Companies will trade on the New York Stock Exchange under the ticker symbol ‘FNP’, as part of a move announced earlier this year to...

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Fashion

Liz Claiborne completes sale of Mexx

The Gores Group, a leading Los Angeles-based private equity firm, has announced that it has acquired a majority stake in Mexx International from Liz Claiborne. The transaction, which closed today, November 2, confirmed that the Gores Read more...

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Fashion

Liz Claiborne's brands sale completed

Liz Claiborne, Inc. 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. The American group has gone through financial struggles lately, as has not made a profit since 2006 as reports Money Watch. Liz...

Apparel

Tenth Director Liz Claiborne

Liz Claiborne Inc. announced the election of Lawrence Benjamin to the Company's Board of Directors. Benjamin's election brings the number of Directors to ten. His initial term as director is effective immediately and will expire at the Company's 2011 Annual Meeting of Stockholders, at which time he will be up for re-election. Commenting on the...

Fashion

Liz Claiborne inks Canadian licensing agreement

Liz Claiborne has entered a licensing agreement in Canada to expands its distribution. The agreement with Future Fashions, a division of Trimera Group, under which Future Fashions will become the licensing partner in the Canadian market for Liz Claiborne apparel, handbags and related accessories, includes the rights for Men’s and Woman’s apparel...