(Reuters) - Liz Claiborne, suffering from a downturn in department-store sales, made the announcement ahead of an analyst meeting on Wednesday. It also plans to aggressively expand the specialty retail store base of its Juicy Couture, Kate Spade, Lucky Brand Jeans and Mexx brands.
The company expects a net reduction in 2007 of 600 to 800 positions, or 7 percent to 9 percent of its non-retail based global work force, which includes significant staff reductions at the more senior levels of the organization.
Read more at Reuters.com Mergers News
The company expects a net reduction in 2007 of 600 to 800 positions, or 7 percent to 9 percent of its non-retail based global work force, which includes significant staff reductions at the more senior levels of the organization.
Read more at Reuters.com Mergers News
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