Liz Claiborne Inc. on Wednesday posted a wider fourth-quarter loss on goodwill impairment charges and weak customer demand. The apparel maker also issued a downbeat sales outlook amid a deteriorating retail environment.Claiborne, like many of its rivals including Jones Apparel Group Inc. and VF Corp., has suffered as major stores have cut back on inventory and slashed priced on goods amid the severe pullback in consumer spending.The New York-based company, whose labels include its namesake...Read Full Story
Liz Claiborne has posted 11 consecutive quarters of red ink under CEO William L. McComb. Now a new line for J.C. Penney could mark the final chapter in the story of the legendary 34-year-old brand.Read Full Story
Wikizines are interactive magazines that anyone can create or edit - and this one is called "WIlliam L. McComb". Here you can find fresh voices and respond in real time. Some members write articles about recent news and trends related to the wikizine's topic, others recount relevant personal stories or share their favorite pictures and video clips. Got an interesting idea or story to share with other members of this wikizine? Well, then put on your journalist's cap and add your own article!Read Full Story
William L. McComb has been credited with leading Liz Claiborne's turnaround as the CEO and Director of the apparel company. In the two years since he joined Claiborne, the company has undergone a massive restructing, including the hiring of designer Isaac Mizrahi as the company's creative director.