Liz Claiborne, Inc.
Industry: Apparel/Accessories
Liz Claiborne Inc. designs and markets an extensive range of fashion apparel and accessories for women, men, teens, children and infants. The Company also markets fragrances for women and men. The 29 brands in the Liz Claiborne Inc. portfolio are available at more than 26,000 points of sale worldwide.
Business Summary
Liz Claiborne Inc. designs and markets branded women's and men's apparel, accessories and fragrance products. The Company operates in three business segments, such as Wholesale Apparel, Wholesale Non-Apparel and Retail. Its portfolio of brands includes most apparel and non-apparel categories, reaching consumers of various age, gender, size, attitude, shopping or value preference. These products range from classic and traditional apparel to modern and contemporary wear. The Liz Claiborne's brands are available at over 30,000 different retail locations throughout the world, including the Company's own specialty retail and outlet stores, and on its e-commerce sites. During the fiscal year ended January 1, 2005 (fiscal 2004), the international sales represented 24.4% of the Company's total sales.
Financial Summary
Liz Claiborne, Inc. is engaged in the design and marketing of a broad range of fashion apparel, accessories, and fragrances. For the 26 weeks ended 7/2/05, net sales increased 9% to $2.31B. Net income increased 5% to $125.6M. Revenues reflect continued growth in the Juicy Couture apparel and accessories, MEXX Europe and DKNY Jeans businesses. Net income was partially offset by an increase in cost of goods sold.







