By and  on May 4, 2009

Fashion and retail stocks were on the rise Monday and Liz Claiborne Inc., long a victim of the bear market, led the pack with a 31.3 percent jump following an upgrade from Goldman Sachs Group.

The Estée Lauder Cos. Inc. also charged ahead with an 18.5 percent rise to $36.88 after the beauty firm’s adjusted third-quarter earnings of 16 cents a share beat analysts’ expectations by 11 cents.

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