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WWD 05/02/2007

WWD 05/02/2007

Tough Times for Liz: Net Falls 65 Percent, No Uptick Seen in 2007

William L. McComb has a tough turnaround on his hands. The chief executive officer of Liz Claiborne Inc. warned Tuesday that there was more bad news ahead as the company reported a 65.5% slide in first-quarter earnings.

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