By and  on February 23, 2010

Liz Claiborne Inc.’s losses narrowed in the fourth quarter and the Juicy Couture, Lucky Brand and Kate Spade businesses collectively managed an operating profit, but the company still faces an uphill climb this year.

Net losses attributable to the company narrowed to $41.7 million, or 45 cents a share, from $828.9 million, or $8.85, a year earlier, when charges to write down the value of acquired trademarks hurt the bottom line. Adjusted losses from continuing operations tallied 18 cents a share, on target with Wall Street expectations. The stock fell 3 cents, or 0.5 percent, to $6.37.

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