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Liz Claiborne
 

Liz Claiborne fashion and Google+
Liz Claiborne

Founded in 1976 by Liz Claiborne, Art Ortenberg, Leonard Boxer and Jerome Chazen. Art Ortenberg and Jerome Chazen are both members of Zeta Beta Tau Fraternity. It was an immediate success with sales of $2 million in 1976 and $23 million in 1978. In 1980, Nina McLemore founded Liz Claiborne Accessories. Liz Claiborne Inc. went public in 1981 and had made the Fortune 500 in 1986.

Founder Leonard Boxer retired in 1985, and in 1989, Liz Claiborne and Art Ortenberg also retired from active management. Jerome Chazen became the company's Chairman and C.E.O. in 1989 and held that role until 1994. Paul Charron became C.E.O. in 1994 and held that position until 2006. During Charron's tenure Liz Claiborne, Inc. acquired 85% of Lucky Brand Jeans in 1999. In 2001, they acquired Mexx and in 2003 they bought another small fashion company, Juicy Couture.

On October 16, 2006, Liz Claiborne Inc. named William McComb Chief Executive Officer.

Claiborne died on Tuesday June 26, 2007 at the age of 79. She died after a 2 year struggle with cancer.

In October 2011, the Company completed the sale of its Dana Buchman brand to Kohl. In November 2011, the Company announced that it has completed the transaction to sell domestic and international trademark rights of its Liz Claiborne family of brands and domestic trademark rights of its Monet brand and Jangles to J.C. Penney Company, Inc.

Liz Claiborne Inc. announced on January 4th, 2012 t is changing its name to "Fifth & Pacific Companies" to better communicate its strategic focus on growing its three global lifestyle brands (Juicy Couture, kate spade and Lucky Brand) and reflect the sale of the Liz Claiborne namesake brand to J.C. Penney.

Learn more about Fifth & Pacific here on Plus Dragon.

www.lizclaiborne.com

 

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