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Layered-look is going out of style
Liz Claiborne has been hurting from a downturn in department store sales. An announcement is expected today, reports The Wall Street Journal, that the apparel company wants to divest itself of 16 of its 36 brands — a move that could mean up to 800 job losses. Among the lines it's expected to try to sell or discontinue: Laundry, Sigrid Olsen, Ellen Tracy and Dana Buchman.
Posted on July 11, 2007 4:21 AM PT | Permalink
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