NEW YORK, Oct. 11 /PRNewswire-FirstCall/ -- Liz Claiborne Inc.
(NYSE: LIZ) today announced that Angela Ahrendts, executive vice president,
will be leaving the Company, effective October 21, 2005. Ms. Ahrendts will be
taking a senior position with another fashion company. Her responsibilities
will be assumed by Trudy Sullivan, executive vice president, Liz Claiborne
Commenting on the announcement, Paul R. Charron, chairman and chief
executive officer of Liz Claiborne Inc., said: "Angela's vision, knowledge and
management skills have contributed tremendously to the success of our Company.
She has been a valued collaborator and business partner. In saying that Angela
will be greatly missed, I know I speak not only for myself but for all of her
Mr. Charron continued: "Although Angela's departure is a disappointment,
our organizational structure allows the flexibility to adjust and adapt to the
needs of the business. Trudy Sullivan is a focused, strategic and articulate
executive who enjoys a close and respected relationship with her peers and
subordinates. Because she and Angela have worked closely together, Trudy is
well prepared to assume responsibility for the brands and channels overseen by
Angela. I am confident that that this will be a seamless transition, with
Trudy supported by a solid management team at the group and divisional
president levels which will continue to execute our strategies."
Liz Claiborne Inc. designs and markets an extensive range of women's and
men's fashion apparel and accessories appropriate to wearing occasions ranging
from casual to dressy. The Company also markets fragrances for women and men.
Liz Claiborne Inc.'s brands include Axcess, Belongings, Bora Bora, C&C
California, Claiborne, Crazy Horse, Curve, Dana Buchman, Elisabeth, Ellen
Tracy, Emma James, Enyce, First Issue, Intuitions, J.H. Collectibles, Juicy
Couture, Lady Enyce, Laundry by Shelli Segal, LIZ, Liz Claiborne, Lucky Brand,
Mambo, Marvella, Metro Concepts, Mexx, Monet, Monet 2, Realities, Sigrid
Olsen, Spark, Tapemeasure, Tint, Trifari and Villager. In addition, Liz
Claiborne Inc. holds the exclusive, long-term license to produce and sell
men's and women's collections of DKNY(R) Jeans and DKNY(R) Active, as well as
CITY DKNY(R) better women's sportswear in the Western Hemisphere. The Company
also has the exclusive license to produce jewelry under the Kenneth Cole New
York and Reaction Kenneth Cole brand names.
SOURCE Liz Claiborne Inc.
Jane Randel of Liz Claiborne Inc., +1-212-626-3408
-0- Oct/11/2005 11:00 GMT
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