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.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)