At the company’s height in 2006, it posted annual volume of $4.99 billion and a portfolio of 40 brands. At the end of 2014, following completion of the Lucky Brand Jeans deal, it will be left with just one brand: Kate Spade.
This story first appeared in the December 11, 2013 issue of WWD. Subscribe Today.
1976: The company is founded by Liz Claiborne, Art Ortenberg and Leonard Boxer. Sales: $2.1 million.
1981: Liz Claiborne goes public, listing on Nasdaq. Sales: $116.8 million.
1987: Dana Buchman, a designer for Liz Claiborne, launches her own bridge label. Sales: $1.05 billion.
1989: Founders Liz Claiborne and Art Ortenberg retire. Jerome Chazen becomes chairman. Sales: $1.4 billion.
1991: Liz Claiborne is launched in the U.K. and Spain. Liz Claiborne Inc. shares begin trading on the New York Stock Exchange. Sales: $2 billion.
1992: The company acquires the Russ Togs, Villager and Crazy Horse brands. Sales: $2.2 billion.
1994: Paul R. Charron joins Liz Claiborne Inc. as vice chairman and chief operating officer. Sales: $2.16 billion.
1996: Charron becomes chairman and chief executive officer. Sales: $2.22 billion.
1999: Acquires Laundry by Shelli Segal, Lucky Brand Jeans and Sigrid Olsen. Sales: $2.8 billion.
2000: Acquires Monet. Sales: $3.1 billion.
2001: Acquires Mexx. Sales: $3.45 billion.
2002: Acquires bridge brand Ellen Tracy. Sales: $3.72 billion.
2003: Acquires Juicy Couture and Enyce. Launches J.H. Collectibles. Sales: $4.24 billion.
2005: Acquires Prana. Nine new names target consumers with widely varying tastes and shopping habits, including City Unltd., Tapemeasure, Tint and Yzza. Sales: $4.85 billion.
2006: Acquires Kate Spade, Mac & Jac, Kenzie and Kenziegirl brands. Paul Charron steps down. William L. McComb becomes ceo. Sales: $4.99 billion.
2007: Sells Emma James, Tapemeasure, JH Collectibles, Intuitions. Folds Stamp 10 and Tint into its Axcess and Liz & Co. lines. Shutters First Issue. Sales: $4.58 billion.
2008: Sells Enyce, Ellen Tracy, Laundry by Design, C&C California and Prana. Shutters Sigrid Olsen. Sales: $3.99 billion.
2011: Sells Dana Buchman, Kensie, Kensiegirl, Mac & Jac, Monet and namesake Liz Claiborne brands; sells majority stake in Mexx. Sales: $1.52 billion.
2012: Changes name to Fifth & Pacific Cos. Inc. in May. Kate Spade acquires joint venture partner’s interest in Kate Spade Japan. Launches Kate Spade Saturday. Sales: $1.51 billion.
2013: Sells Juicy Couture; inks deal for Lucky Brand Jeans. Sales: not yet determined.
2014: Expected completion of Lucky Brand Jeans by March. Sales: to be determined.