Wednesday, October 24, 2007

Liz Claiborne Inc. - Lindsy Girard

1. One of Liz Claiborne's partners to start the business was her husband.

2. By mid 1976 Liz Claiborne established a production control office in Hong Kong.

3. Most department stores had shirts, pants, etc. in different areas and Liz Claiborne worked with executives to make sure that all sportswear pieces in the same department.

http://www.lizclaiborneinc.com/company/history.htm

Liz Claiborne, Inc- Jason Shaker

Three pieces of updated information that were not in the case...

1) Trudy Sullivan, President of Liz Claiborne Inc, is leaving to assume a leadership position for another company

http://phx.corporate-ir.net/phoenix.zhtml?c=82611&p=irol-newsArticle&ID=1021381&highlight=

2) Narciso Rodriguez and Liz Claiborne Inc. Announce Partnership Agreement, Liz Claiborne is acquiring 50% ownership interest Narciso Rodriquez name and trademark

http://phx.corporate-ir.net/phoenix.zhtml?c=82611&p=irol-newsArticle&ID=996459&highlight=

3) Michael Scarpa Named Chief Operating Officer of Liz Claiborne Inc, Scarpa will will continue to be responsible for the corporation's finance, distribution and logistics

http://phx.corporate-ir.net/phoenix.zhtml?c=82611&p=irol-newsArticle&ID=956527&highlight=

I allow Professor Parent to give me feedback on my personal strategy paper

Liz Claiborne, Inc. - Amanda Guay

1.) Since arriving at Liz Claiborne eight months ago, William L. McComb, one of the youngest and least-experienced chief executives in the fashion industry, has outlined a radical plan for weaning the company off its reliance on department stores like Macy’s by building hundreds, if not eventually thousands, of its own retail stores.

2.) The Liz Claiborne that Mr. McComb inherited was, according to its detractors, a bloated giant perpetually trying to digest its latest acquisition.

3.) Last year, when Liz Claiborne’s board of directors approached Mr. McComb, then a division president at Johnson & Johnson, about taking the chief executive job, they told him they wanted a change. Mr. McComb, the only outside candidate presented to the full board, faced a single internal candidate, Trudy Sullivan, who was president of the company (and has since left to become chief executive of Talbot’s). At several junctures, Mr. McComb broke off the negotiations and appeared to walk away, according to people briefed on the matter, and the search dragged on for 10 months.

Liz Claiborne- Joe Boulanger

1. Liz Claiborne died at the age of 78 on June 27, 2007

2. When Claiborne retired from the company in 1990 it had $1.4 billion sales.

3. Ms. Claibornes company was the first founded by a woman to enter the rankings of the Fortune 500 in 1986.

Source: New York Times. "Liz Claibrone died at 78". Eric Wilson, June 27, 2007. http://www.nytimes.com/2007/06/27/fashion/27cnd-claiborne.html?hp