(Reuters) - NEW YORK, July 11 - Liz Claiborne Inc.
revealed a sweeping restructuring plan on Wednesday that
includes cutting up to 800 jobs, exploring strategic options
for 16 apparel brands and increasing investments in four others
it hopes will ignite profit growth at the apparel company.
The company made the announcement before an analysts'
meeting during which its new chief executive detailed the
strategy he expects will save $190 million by 2010 and turn the
company into a high-growth retailer with more than 800 stores.
It now has over 500 stores.
Read more at Reuters.com Bonds News
revealed a sweeping restructuring plan on Wednesday that
includes cutting up to 800 jobs, exploring strategic options
for 16 apparel brands and increasing investments in four others
it hopes will ignite profit growth at the apparel company.
The company made the announcement before an analysts'
meeting during which its new chief executive detailed the
strategy he expects will save $190 million by 2010 and turn the
company into a high-growth retailer with more than 800 stores.
It now has over 500 stores.
Read more at Reuters.com Bonds News
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