Director for Kate Spade
NEW YORK, Oct. 11 /PRNewswire-FirstCall/ -- Liz Claiborne Inc. (NYSE: LIZ)
today announced that Deborah Lloyd will join Kate Spade as Co-President,
Creative Director, effective November 1, 2007. Ms. Lloyd, who was previously
EVP, Design and Product Development at Banana Republic, will oversee all
creative aspects of the Kate Spade and Jack Spade Brands, including, product
design, merchandising, creative services and public relations. Ms. Lloyd will
report directly to William L. McComb, Chief Executive Officer of Liz Claiborne
Ms. Lloyd joins Kate Spade after a six year tenure at Banana Republic
where she had responsibility for driving design for all products, for both the
Women's and Men's businesses, including accessories and fragrance. Prior to
Banana Republic, she spent five years at Burberry, where she was instrumental
in re-launching Burberry's Women's London Collection, while working closely
with Rose Marie Bravo in reinvigorating that business.
Commenting on the announcement, Mr. McComb said: "Kate Spade is an
important brand with considerable growth potential. It is at a unique stage in
its development and requires significant focus and supervision to take it to
the next level. With her vast industry experience, unquestionable design
talent and ability to drive, articulate and execute a cohesive vision, Deborah
Lloyd is one of few people who can take us there. Not only is she creatively
versatile, but she thinks and acts like a merchant and has the intuitive
ability to embrace both what Kate and Andy developed, as well as the overall
power of this brand. Deborah naturally resonates to this consumer and her
creative stewardship and proven track record make her the perfect choice for
this co-president role. We are thrilled to have her as part of our team."
Ms. Lloyd said: "This opportunity came at a time when only something as
creative and entrepreneurial as this could have pulled me away from my present
role. What was so compelling was the instant connection that I had to the
brand, and I love what it stands for. I really believe Kate Spade is a jewel,
and I am very excited to further develop it as a lifestyle brand."
Mr. McComb added: "We are still in the process of identifying a
co-president for Deborah, someone who will complement her strengths and bring
additional vision to the entire operation. Until that person is named, Michael
Blitzer, who has been serving in that role on an interim basis, will continue.
Although Kate and Andy Spade are not part of the day-to-day business, they
remain involved in the advisory board that provides strategic and creative
insight for the brand as we continue to grow the business."
Liz Claiborne Inc. designs and markets an extensive range of branded
women's and men's apparel, accessories and fragrance products. Our diverse
portfolio of quality brands -- available domestically and internationally via
wholesale and retail channels -- consistently meets the widest range of
consumers' fashion needs, from classic to contemporary, active to relaxed and
denim to streetwear. For more information, visit
SOURCE Liz Claiborne Inc.
Jane Randel of Liz Claiborne Inc., +1-212-626-3408, Jane_Randel@liz.com
-0- Oct/11/2007 13:53 GMT
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