|
|
Article: Liz Claiborne Inc. Takes Strategic Steps to Better Capitalize on Brand Growth Opportunities.(Company Profile)
- Article from:
- Business Wire
- Article date:
- February 7, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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)
|
NEW YORK -- Liz Claiborne Inc. (NYSE: LIZ):
--Streamlining of Operations and Redeployment of Resources Expected to Generate $60-65 Million of Gross Annual Savings before Increased Investment in Targeted Brands
--Company Expects Charges Totaling Approximately $60 Million
Liz Claiborne Inc. (NYSE: LIZ) today announced that it is streamlining its operations and redeploying resources to more efficiently manage its multi-brand and multi-channel portfolio, more closely align its business with customer and consumer needs, and better capitalize on the compelling growth opportunities across a number of its brands.
As a result of this ...