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Liz Splits in Two

Liz Claiborne Inc. is splitting. Seven months after becoming chief executive officer, William L. McComb has made his biggest round yet of executive layoffs and reorganization.

Liz Claiborne Inc. is splitting. Seven months after becoming chief executive officer, William L. McComb has made his biggest round yet of executive layoffs and reorganization. McComb is getting rid of half of his group presidents and literally dividing his portfolio of brands into winners and losers — a hint of more to come at the July 11 Investors Day meeting.

Please visit tomorrow’s WWD.com for more details.