WWD.com/business-news/mergers-acquisitions/claiborne-to-sell-namesake-brand-to-jc-penney-5286660

mergers-acquisitions

October 12, 2011

Liz Claiborne to Sell Namesake Brand to J.C. Penney

Sale is part of a series of deals that will raise $328 million to pay down debt and focus the firm on its Kate Spade, Juicy Couture and Lucky Brand businesses.

By Evan Clark

mergers-acquisitions/news

NEW YORK — What’s in a name?

Liz Claiborne Inc. today agreed to sell its namesake brand to J.C. Penney Co. Inc. as part of a series of transactions that will...

Liz Claiborne to Sell Namesake Brand to J.C. Penney

Sale is part of a series of deals that will raise $328 million to pay down debt and focus the firm on its Kate Spade, Juicy Couture and Lucky Brand businesses.

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