NEW YORK — Men’s wear stalwart Karen Murray exited Liz Claiborne in a corporate restructuring announced Wednesday, after the market had closed.
Murray, who held the title of group president, had been with the $5 billion company for 15 years. Up until February, she had been responsible for the company’s men’s wear brands, including Claiborne, Enyce, Concepts by Claiborne, and Axcess Men’s. Her departure from the company may have been telegraphed then, when new CEO Bill McComb gave Murray’s men’s wear portfolio to Pamela Thomas-Graham, another group president, in a move to consolidate brand stewardship of the Liz Claiborne brand under a single executive.
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Michael Kors' $1.3B Jimmy Choo deal has the company squaring off with Coach Inc. as both seek to build American powerhouses. Coach bought Stuart Weitzman in 2015 and Kate Spade just two weeks ago, but Michael Kors' acquisition may be putting pressure on its rival in the new push for scale. #wwdnews (📷: George Chinsee)
Meet actress Lucy Boynton, who plays opposite Naomi Watts in the recently released Netflix series "Gypsy." Boynton stopped by WWD to talk about her upcoming projects and her nomadic lifestyle. Get all the details on WWD.com. #wwdeye (📷: @dandoperalski)