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Article: Fashion plate.(Wall Street West)(Liz Claiborne Inc. acquires C&C California Inc.)(Brief Article)
- Article from:
- Los Angeles Business Journal
- Article date:
- January 10, 2005
- Author:
CopyrightCOPYRIGHT 2005 CBJ, L.P. 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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Clothing designer Liz Claiborne Inc. has purchased C&C California Inc., a Los Feliz designer and wholesaler of colorful T-shirts, for an initial equity stake of $28 million, plus additional payments in 2007, 2008 and 2009 based on future earnings.
C&C California posted roughly $21 million in revenue last year, primarily in sales to specialty retailers such as Run Herman, Daft and Planet Blue in Los Angeles, and Scoop in New York. It also sells at department stores Barneys New ...