Tuesday, July 31, 2007

Liz Claiborne quarterly profit falls

(Reuters) - Excluding items, profit was 26 cents per share for Liz
Claiborne, whose namesake designer died last month after
battling cancer.




The company is hoping that by focusing now on just four
brands it can ignite profits, which have tumbled due to a
squeeze on moderate apparel brands and falling demand for its
traditional upscale brands.


Read more at Reuters.com Market News

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