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WWD 04/28/2006

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Not Making the Grade: Claiborne Profits, Sales Plunge in 1st Qtr.

The numbers are coming in on the impact of department store consolidation, and they aren’t pretty. In his last year at Liz Claiborne, Paul Charron gave the $4.8 billion apparel vendor a “B-plus, maybe a C-plus” for its performance in the first quarter.

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