Rating agency Standard & Poor’s upgraded Liz Claiborne Inc.’s corporate credit rating to “B” from “B-minus” and removed the ratings from CreditWatch. The agency said the outlook is stable.
Claiborne, which plans to change its name to Fifth & Pacific Cos. in May, sold off a number of assets last year, including the Liz Claiborne brand and a majority of its Mexx business, and used the money raised to pay down debt.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"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)