Liz Claiborne Inc. has trimmed its executive ranks and plans to continue to reorganize its organization as part of a $25 million cost-cutting program that includes the shuttering of an Ohio distribution center.
Peter Warner, senior vice president of global sourcing and operations, and Lisa Piovano-Machacek, a 23-year veteran of the firm and svp and chief human resources officer, will leave the company over the next month.
More changes are on the way as part of the program, which the company described in broad strokes in July.
Warner was hired to run Claiborne’s Hong Kong-based sourcing operations in 2008, but he ended up negotiating and managing the firm’s switch to Li & Fung as sourcing agent.
“We have been very effective in transitioning many of our services and functions into the brands — becoming brand-centric,” said William L. McComb, chief executive officer, and Andrew Warren, executive vice president and chief financial officer, in a memo obtained by WWD. “We now face bringing the central organization in line size-wise and believe that we continue to have cost-reduction opportunities, especially in the corporate center.”
The human resources and sourcing departments for the various brands, including Kate Spade, Lucky Brand and Juicy Couture, will report to the brand ceos.
McComb and Warren said they were taking a “top-to-bottom approach” in the organizational review and that their aim is to finish most of the cost-related job cuts by the middle of October.
As part of the review, John Moroz was promoted to svp of global operations from vice president of global logistics, distribution and administration. He will add on responsibility for the company’s supply chain village and quality assurance and report to McComb.
“We continue to feel upbeat about our businesses,” McComb and Warren said in the memo. “However, the environment in which we operate continues to be uncertain. The U.S. economy is not growing as fast as predicted; the European economy continues to struggle, and consumer confidence seems to vary day by day. Our goal is to address our cost structure now so that we do not have to act more rashly later if we are faced with a macroeconomic situation that drives a drop-off in volume.”
“My personal philosophy to beauty is paying attention to oneself. I love to be outdoors, lots of fresh air, trying to take care of yourself as best you can. I always notice that comes through,” says Felicity Jones, the global face of @shiseido-owned @cledepeaubeauteus, which launches today. Head to WWD.com to read more about the actress’ love for beauty and how she prepared for her new role in “The Basis of Sex,” playing the young Ruth Bader Ginsburg. #wwdbeauty (📷: @dandoperalski)
For men’s fall 2018, @giuseppezanotti drew on elements from streetwear, sport, biker, combat and rock ‘n’ roll. Pictured here are a pair of shoes from the collection, featuring zippers, rhinestones, and silver hardware. Head to WWD.com to see a roundup of the accessories from Milan’s men’s fall 2018 shows. #wwdfashion (📷: Andrea Delb)
To celebrate the 25th anniversary of @ralphlauren’s snowboarding collection, the brand is mining its archives. The iconic brand is reintroducing vintage styles and dropping new designs for a color capsule that will be available in Ralph Lauren stores and @openingceremony on January 25. The capsule will consist of 10 pieces, including the Snow Beach Pullover, pictured here, which is a collector’s item that rapper Raekwon wore in Wu-Tang Clan’s “Can It Be All So Simple” video. #wwdfashion (📷: Tom Gould)
For @rochasofficial’s pre-fall 2018 collection, creative director Alessandro Dell’Acqua channeled the sophisticated and intriguing Catherine Denevue in the film “Belle de Jour.” Polished collarless coats, midi skirts, suits and ’60s graphic motifs were all featured in the collection, adding a sense of discreet luxury. See the rest of the photos on WWD.com #wwdfashion
“We tried to produce clothing of that couture quality, but the most daunting part was that we only had a matter of days [to do it],” said costume designer Lou Eyrich, who recreated Gianni Versace’s iconic looks for @americancrimestoryfx. Eyrich searched online retailers and vintage shops for original pieces from the design house and for @penelopecruzoficial, who plays Donatella Versace. Head to WWD.com to read how she created the Versace world. #wwdfashion
Only three months after her stellar debut catwalk season, @kaiagerber has inked her first big design collaboration –– with @karllagerfeld. The collection blends Lagerfeld’s Parisian chic aesthetic and the model’s signature West Coast casual style via RTW, accessories, footwear and more. The #KarlLagerfeldxKaia collection will launch in September with a series of events. Get all the details on WWD.com. #wwdnews #wwdfashion
Harrods plans to remove the famous statue of Princess Diana and Dodi Al Fayed from the bottom of the Egyptian escalators and hand it back to Mohamed Al-Fayed. “We are very proud to have played our role in celebrating the lives of Diana, Princess of Wales and Dodi Al Fayed at Harrods and to have welcomed people from around the world to visit the memorial for the past 20 years,” said Michael Ward, Harrods managing director. “With the announcement of the new official memorial statue to Diana, Princess of Wales at Kensington Palace, we feel that the time is right to return this memorial to Mr. Al Fayed and for the public to be invited to pay their respects at the palace.” More on the news, with reporting by @loreleimarfil, at WWD.com. #wwdnews