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Article: Liz Claiborne: a $2 billion phenomenon. (Liz Claiborne Inc., women's clothing industry) (company profile)
- Article from:
- WWD
- Article date:
- May 8, 1991
- Author:
CopyrightCOPYRIGHT 1991 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Liz Claiborne: A $2 Billion Phenomenon
NEW YORK (FNS) -- Liz Claiborne, Inc.'s market share growth has made it the envy of Seventh Avenue. Its devotion to imports has unsettled U.S. textile executives. And its quarterly upside surprises have confounded Wall Street analysts.
Now, based on first-quarter sales gains, the 16-year-old firm is barreling toward $2 billion in sales.
Ask company officials about Liz Claiborne's priorities, even as it sits on an ever-increasing pile of cash and charts a course to penetrate foreign markets, and they'll say it's doing more of what it has always done: responding to the consumer.
Beneath Liz ...