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Liz Claiborne, Incorporated (LIZ)

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William L. McComb , CEO/Director

www.lizclaiborne.com

Industry: Consumer Goods

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Overview

The Company designs and markets a range of branded women's and men's apparel, accessories and fragrance products.

Portfolio Articles

Les Lizrahi
Can Isaac Mizrahi revive Liz Claiborne as well as he did his own career?

Jun 17 2008
Clearance Sale at Liz Claiborne
As the retail landscape changes, Liz Claiborne becomes the latest mainstream brand to restructure.

Jul 11 2007
Retailers Hurt by Locked Pocketbooks
Consumers are spending less, and major retailers are feeling the pain. Circuit City says it could lose $90 million due to weak sales of televisions.
May 01 2007

See more news on this company

News Feeds

Liz Claiborne shares rise after sharp decline AP
Aug 14 2008
Elizabeth Arden sets better-than-expected '09 view AP
Aug 14 2008
Elizabeth Arden swings to a loss in 4th quarter AP
Aug 14 2008
Movers roundup: Morgan Stanley, Liz Claiborne AP
Aug 13 2008
Liz Claiborne shares drop 8 percent after 2Q loss AP
Aug 13 2008
Liz Claiborne swings to 2Q loss; cuts outlook AP
Aug 13 2008
Liz Claiborne cuts full-year outlook AP
Aug 13 2008
Liz Claiborne profit tops view; narrows '08 range Reuters
Aug 13 2008
On the Watch: Liz Claiborne AP
Aug 11 2008

Portfolio Blogs

Morning Hemlines: Retail, Liz, Macy's, Cotton, Gap, DVF, Hugo Boss
Aug 12 2008
Morning Hemlines: Revlon, Jil Sander, Liz Claiborne, Jude Law, Stanley Korshak
Aug 01 2008
Good News, Bad News on Women Executives
Mar 28 2008

Fashion Breakfast: Congress, China, Claiborne, and Cruz
Feb 15 2008
Fashion Breakfast
Jan 23 2008

Press Releases

Liz Claiborne Inc. to Present at The Goldman Sachs Global Retailing Conference on September 4, 2008 Aug-22-2008, 08:18AM EDT
Jeanine Milillo Joins PeclersParis North America Aug-18-2008, 10:05AM EDT
Boscov's Closing 10 Stores to Support Restructuring Plan Aug-15-2008, 11:40AM EDT
Liz Claiborne Inc. Reports 2nd Quarter and First Six Months Results Aug-13-2008, 07:14AM EDT
Liz Claiborne Inc. Announces Regular Quarterly Cash Dividend Jul-15-2008, 05:01PM EDT

News From Around the Web

News

Sector Wrap: Women's apparel retailers mostly up (Businessweek)

Aug 29 2008
The Daily Media (Fashion Week Daily)

Aug 29 2008
Liz Claiborne Inc. drops labels and cuts women's choices (cleveland.com)

Aug 28 2008
What's under the coat? A lot (Daytona Beach News-Journal)

Aug 28 2008
Turnaround at Talbots (MarketWatch)

Aug 27 2008
Jeffrey Raises Funds for Charity (Women's Wear Daily)

Aug 27 2008
Isaac Mizrahi talks style, will be guest at Atlanta show (Atlanta Journal Constitution)

Aug 22 2008
Snapshot: Liz Claiborne Inc. (Computerworld)

Aug 18 2008
Liz Claiborne swings to 2Q loss; cuts outlook (Boston Globe)

Aug 13 2008

Blogs

AnnTaylor whips Wall Street estimates, but I'm not buying (Blogging Stocks)

Aug 23 2008

Employees

Number of Employees: 16,500

Revenue per Employee: $286,773

Top Executives

David (Dave) McTague, Executive VP, Divisional

Andrew C. Warren, CFO

Michael Scarpa, COO

Roberta S. Karp, Senior VP, Divisional

Lawrence D. McClure, Divisional Senior VP

Elaine H. Goodell, Vice President/Controller/Chief Accounting Officer

Paul R. Charron, Other Corporate Officer

Board of Directors

Arthur C. Martinez, Director

Raul J. Fernandez, Director

Kenneth P. Kopelman, Director

Daniel A. Carp, Director

Kay Koplovitz, Director/Chairman of the Board

Oliver R. Sockwell, Director

Kenneth B. Gilman, Director

Bernard W. Aronson, Director

Paul R. Charron, Other Corporate Officer

Nancy J. Karch, Director

Financials

Quarterly

Annual

Income Statement	08/2008	05/2008	03/2008	10/2007
Sales	471.16 Mil.	549.76 Mil.	573.66 Mil.	616.94 Mil.
Gross Operating Profit	502.61 Mil.	571.79 Mil.	548.53 Mil.	645.96 Mil.
Operating Income before D & A (EBITDA)	15.13 Mil.	16.88 Mil.	-34.33 Mil.	117.9 Mil.
Total Income Before Interest Expenses (EBIT)	-26.69 Mil.	-26.72 Mil.	-558 Mil.	68.21 Mil.
Total Net Income	-18.03 Mil.	-31.02 Mil.	-435.68 Mil.	33.05 Mil.
Basic EPS, Total	-0.25	-0.33	-4.36	0.33
Diluted EPS, Total	-0.25	-0.33	-4.36	0.33

BALANCE STATEMENT	08/2008	05/2008	03/2008	10/2007
Cash and Equivalents	100.38 Mil.	111.14 Mil.	205.4 Mil.	111.63 Mil.
Total Assets	1.44 Bil.	1.62 Bil.	1.56 Bil.	1.77 Bil.
Total Liabilities	693.98 Mil.	753.78 Mil.	770.38 Mil.	1.06 Bil.
Total Capitalization	2.24 Bil.	2.38 Bil.	2.35 Bil.	2.58 Bil.

Cash Flow	08/2008	05/2008	03/2008	10/2007
Net Cash From Continuing Operations	-68.46 Mil.	-166.49 Mil.	266.49 Mil.	-106.09 Mil.
Net Cash From Investing Activities	-9.39 Mil.	7.15 Mil.	-219.86 Mil.	-155.06 Mil.
Net Cash From Financing Activities	-40.68 Mil.	52.56 Mil.	-37.19 Mil.	191.12 Mil.
Net Change in Cash & Cash Equivalents	-105.02 Mil.	-94.26 Mil.	19.76 Mil.	-74.01 Mil.

Income Statement	2008	2007	2006	2005
Sales	2.25 Bil.	2.47 Bil.	2.42 Bil.	2.37 Bil.
Gross Operating Profit	2.33 Bil.	2.53 Bil.	2.43 Bil.	2.26 Bil.
Operating Income before D & A (EBITDA)	223.48 Mil.	576.48 Mil.	652.24 Mil.	628.07 Mil.
Total Income Before Interest Expenses (EBIT)	-429.17 Mil.	447.05 Mil.	523.08 Mil.	512.35 Mil.
Total Net Income	-372.8 Mil.	254.68 Mil.	317.37 Mil.	313.57 Mil.
Basic EPS, Total	-3.74	2.5	2.98	2.9
Diluted EPS, Total	-3.74	2.46	2.94	2.85

BALANCE STATEMENT	2008	2007	2006	2005
Cash and Equivalents	205.4 Mil.	185.64 Mil.	328.53 Mil.	385.64 Mil.
Total Assets	1.56 Bil.	1.47 Bil.	1.46 Bil.	1.51 Bil.
Total Liabilities	770.38 Mil.	673.92 Mil.	607.74 Mil.	637.6 Mil.
Total Capitalization	2.35 Bil.	2.67 Bil.	2.42 Bil.	2.29 Bil.

Cash Flow	2008	2007	2006	2005
Net Cash From Continuing Operations	266.49 Mil.	394.04 Mil.	440.55 Mil.	457.26 Mil.
Net Cash From Investing Activities	-219.86 Mil.	-435.43 Mil.	-298.85 Mil.	-309.99 Mil.
Net Cash From Financing Activities	-37.19 Mil.	-89.77 Mil.	-199.47 Mil.	-50.61 Mil.
Net Change in Cash & Cash Equivalents	19.76 Mil.	-142.88 Mil.	-57.11 Mil.	92.13 Mil.

Liz Claiborne, Incorporated (LIZ)

Company Information

Overview

Employees

Top Executives

Board of Directors

Financials

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