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You may never have it so good again: retail execs
Original at Reuters
• Thu, Jun 11
William McComb, chief executive of US fashion company Liz Claiborne, said retailers need to adjust to the "new normal" of lower demand and shoppers focused more on what they can get for their money than what they can afford to spend. ...
Lower prices, fewer dresses on racks this Christmas
Original at Reuters
• Thu, Jun 11
Edgar Huber, president of Juicy Couture, a unit of Liz Claiborne Inc (LIZ.N: Quote, Profile, Research, Stock Buzz), said the clothing retailer is adding more merchandise, like track suits, that are priced under $200, although its average prices are ...
Luxury groups set to hunker down as moderation rules
Original at Reuters
• Thu, Jun 11
said Liz Claiborne Chief Executive William McComb. The longer term prospects of the luxury industry remain attractive as the number of affluent buyers is set to rise further and several regions such as central Asia, Siberia, Latin America and India ...
Liz Claiborne CEO sees stability
Original at Reuters
• Wed, Jun 10
Regarding the company's forecast for same-store sales at its US Lucky Brand, Juicy Couture and Kate Spade stores to fall 15 to 25 percent through the third quarter and then flattening in the fourth as comparisons ease, McComb said: "That point of view ...
Juicy bottoms less prominent in US
Original at Reuters
• Tue, Jun 9
Juicy Couture, owned by Liz Claiborne Inc (LIZ.N: Quote, Profile, Research, Stock Buzz), is no longer selling its iconic logo-laden sweatpants widely, though they are still sold on a very limited basis. "We had some pushback from certain consumers who ...
Juicy Couture head sees holiday growth
Original at Reuters
• Mon, Jun 8
By Martinne Geller NEW YORK (Reuters) - Improved sales trends at the Juicy Couture unit of Liz Claiborne Inc (LIZ.N: Quote, Profile, Research, Stock Buzz) over the last few weeks are boosting its president's confidence for the full year. ...
US retail sales slip, hurting recovery hopes
Original at Reuters
• Wed, May 13
• 14 related articles
That has hit companies such as department store operator Macy's and apparel maker Liz Claiborne Inc, which both reported quarterly losses on Wednesday. Commerce Secretary Gary Locke said the fall in sales, despite some improvement in consumer sentiment ...
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Liz Claiborne loss deeper than expected
Original at Reuters
• Tue, May 12
Liz Claiborne said it still expects same-store sales for its Juicy Couture, Lucky Brand and Kate Spade brands to decline 15 percent to 25 percent through the third quarter. It now expects same-store sales at its Mexx brand to drop in the high single ...
Liz Claiborne loss deeper than expected
Original at Reuters
• Tue, May 12
India The owner of the Juicy Couture, Kate Spade, Lucky Brand and Mexx labels on Wednesday posted a net loss of $91.4 million, or 97 cents per share, for the first quarter that ended April 4, compared with a net loss of $31.02 million, or 33 cents per share, ...