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Article: Liz Claiborne plans a move into retailing.
- Article from:
- WWD
- Article date:
- July 30, 1986
- Author:
CopyrightCOPYRIGHT 1986 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 plans a move into retailing
NEW YORK -- Along with reporting another surge in earnings for the second quarter and half, Liz Claiborne, Inc., on Tuesday disclosed plans to enter the retail business.
Earnings climbed 44.1 percent in the second quarter and 40.8 percent in the six months ended June 28.
In its proposed retail venture, the company plans to develop a new label of women's apparel designed to sell at different price points than the Liz Claiborne merchandise.
Harvey Falk, executive vice president of Liz Claiborne, said the merchandise will bear no identification with the parent firm. He said the company sees ...