the Insiders


Showing posts by Whitney Beckett- Sportswear Market Editor
Rumors often start because their scenarios make sense.

When Liz Claiborne Inc.'s stock recovered Thursday by almost the full amount it sank Wednesday after the vendor reported a sizable loss, the word on the Street was that speculation over Claiborne selling Mexx drove the market activity.

After all, it could be argued the sum of Claiborne's parts are worth more than the current approximately $14 stock price would suggest. The company's market cap is about $1.4 billion, plus approximately $760 million in debt, bringing the enterprise value to about $2.1 billion.

Yes, we've gotten tired of the ambulance chasing that has become retail reporting, too.

Lately WWD has read like an obituary section, with companies and sectors falling like casualties of the economy. The First Aid Kit we put together for the July 28 issue aimed to serve two purposes: Celebrate the rare nuggets of success in the industry today, and provide a 10-step guide to help more companies share in that success.

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