Liz Claiborne Sees A HUGE Loss!

Filed Under: Fashion Smashion Business Blitz Isaac Mizrahi

ap090209046516_e.jpg

Ouch!

Liz Claiborne, which owns Kate Spade, Juicy Couture, Lucky Brand and Mexx is reporting a $90.5 MILLION dollar loss last quarter, which ended on October 3rd. That's almost $30 million MORE than last year.

Yikes!

Hopefully their move to J.C. Penney, QVC and Kohl's will pay off and get them out of that gigantic hole they've dug themselves!

[Image via AP Images.]

Posted: November 6, 2009 at 1:00 pm

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