By  on August 13, 2008

Transition pains continue to plague Liz Claiborne Inc., which on Wednesday posted a loss of $23.2 million in the second quarter, narrowed guidance for the year and scaled back plans for retail expansion.

For the three months ended July 5, the vendor took a 25-cent-a-diluted-share hit, as compared with a $13.6 million, or 13 cent, earnings gain in the second quarter of 2007.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus