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Mizrahi named creative director for Liz Claiborne

Retail

Isaac Mizrahi is done dressing things up at Target. The designer is leaving to help spice things up at Liz Claiborne. Mizrahi's Target collection has been really popular over his five-year run, selling as much as $300 million each year. His departure is more than a fashion emergency. It comes just as Target's CEO has announced he's stepping down and the company's dealing with a 5 percent drop in same-store sales last month. The retailer apparently tried hard to keep the cheap-chic designer but wasn't willing to match Claiborne's offer.



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