Liz Claiborne

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Liz Claiborne Inc. (NYSE: LIZ) today announced that Lisa Piovano Machacek has been appointed Senior Vice President and Chief Human Resources Officer, effective immediately. Ms. Piovano Machacek will report directly to William L. McComb, Chief Executive Officer, Liz Claiborne Inc. and is responsible for all Human Resources functions across the company.
Liz Claiborne Inc. (NYSE: LIZ) today announced the appointment of David DeMattei as Chief Executive Officer, Lucky Brand Jeans, effective January 4, 2010. Mr. DeMattei is an experienced leader and respected brand builder whose career has spanned over 25 years in the apparel, accessories, and home categories. He will be responsible for driving significant growth at Lucky Brand Jeans -- capitalizing on the unique brand essence conceived by Co-Founders, Gene Montesano and Barry Perlman. Mr. DeMattei will report directly to William L. McComb, Chief Executive Officer of Liz Claiborne Inc.
Liz Claiborne Inc. (NYSE: LIZ) will release its fiscal 2009 third quarter results on Wednesday, November 4, 2009 before the market opens. The Company will also sponsor a conference call at 10:00 a.m. Eastern Time to discuss these results.
Liz Claiborne Inc. recently announced bold steps to further the revitalization of the Liz Claiborne brand franchise and to significantly alter its earnings trajectory. To accomplish this, the company has entered into a long-term licensing agreement with J. C. Penney Company, Inc. (NYSE: JCP), under which JCPenney will become the exclusive department store destination for all Liz Claiborne and Claiborne branded merchandise in the United States and Puerto Rico. The other important element of this strategy is moving the distribution of the Liz Claiborne New York brand designed by Isaac Mizrahi to QVC. As a result of these agreements, the company expects the Liz Claiborne wholesale brand franchise to swing from a meaningful adjusted operating loss in 2009 to a targeted adjusted operating profit in 2010.
Liz Claiborne New York today revealed it has designed a private online community of both customers and non-customers to help re-launch the brand, now under the creative direction of fashion icon Isaac Mizrahi. By listening to and interacting with 300 customers on a daily basis through its private Advisory Council community, Liz Claiborne New York becomes the first-ever apparel brand to actively engage its customers in such an ongoing, immersive way. The members of this group have played a role in shaping many aspects of the brand re-launch from the functionality of the new interactive Web site to the specifics of a new loyalty program.


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