Article: ELLEN TRACY'S NEW START IN BEAUTY.(Liz Claiborne Inc.'s acquisition and restructuring)

Byline: Julie Naughton

NEW YORK - There's a new girl in Liz Claiborne's fragrance family. Her name is Tracy, as in Ellen Tracy.

The venerable apparel brand, acquired by Liz Claiborne Inc. in 2002, has been given a youthful makeover from George Collins Sharp, who has been vice president of design for the apparel label since April 2005 - and now the Tracy fragrance brand is following suit.

Claiborne is clearly looking for a new beginning. "It was apparent to us [in beauty] after George Sharp was brought on board that there was a real opportunity to refresh the beauty brand," said Art Spiro, president of Liz Claiborne Cosmetics, who plans to start ...

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