Operating Officer of Kate Spade
NEW YORK, March 12 /PRNewswire-FirstCall/ -- Liz Claiborne Inc. today
announced that Craig Leavitt will join Kate Spade as Co-President & Chief
Operating Officer, effective mid-April 2008. Mr. Leavitt, who was previously
President of Global Retail at Link Theory Holdings, will be responsible for
providing and driving business performance through the wholesale and retail
channels. Mr. Leavitt will partner with Co-President & Creative Director,
Deborah Lloyd, on the management and overall leadership of the Kate Spade
brand. Both Mr. Leavitt and Ms. Lloyd will report to William L. McComb, Chief
Executive Officer of Liz Claiborne Inc.
Mr. Leavitt comes to Kate Spade from Link Theory Holdings where he had
total responsibility for merchandising, operations, planning and allocation
and real estate for the Theory and Helmut Lang retail businesses. Prior to
that, he spent several years at Diesel where he was most recently Executive
Vice President of Sales and Retail. Previously, Mr. Leavitt spent 16 years at
Polo Ralph Lauren where he held positions of increasing responsibility, the
last being Executive Vice President of Retail Concepts.
Commenting on the announcement, William L. McComb, Chief Executive Officer
of Liz Claiborne Inc., said: "We are thrilled that Craig has agreed to join
Kate Spade. His retail experience combined with his strong strategic planning,
leadership and communication skills are the perfect complement to Deborah's
creative talent. Craig oversaw tremendous growth with Theory and Helmut Lang
and he is eager to apply those learnings here. With Deborah and Craig at the
helm, Kate Spade is poised to reach the next level and become a true, global
Mr. Leavitt said: "I am thrilled to be at Kate Spade -- and particularly
excited to be working with Deborah, whose intimate understanding of and vision
for the brands she oversees is something I have long admired. Kate Spade is
primed to take off and I am looking forward to working with Deborah and the
team there to optimize this position and the brands' amazing potential."
Liz Claiborne Inc. designs and markets a global portfolio of retail-based
premium brands including Kate Spade, Juicy Couture, Lucky Brand and Mexx. The
Company also has a refined group of department store-based brands with strong
consumer franchises including the Liz Claiborne and Monet families of brands,
Enyce, Narciso Rodriguez and the licensed DKNY Jeans Group. The Company also
offers cosmetics & fragrance.
SOURCE Liz Claiborne Inc.
Jane Randel of Liz Claiborne Inc., +1-212-626-3408, Jane_Randel@liz.com
-0- Mar/12/2008 13:20 GMT
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