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By
Reuters
Published
Nov 4, 2009
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Liz Claiborne posts deeper net loss

By
Reuters
Published
Nov 4, 2009

NEW YORK, Nov 4 (Reuters) - Fashion company Liz Claiborne Inc (LIZ.N) reported a deeper quarterly net loss on Wednesday 4 November, hurt by a 24 percent decline in revenue.


Liz Claiborne

The owner of the Liz Claiborne, Lucky Brand, Juicy Couture and Kate Spade brands said its net loss widened to $90.5 million, or 96 cents per share, in the third quarter, from a loss of $68.7 million, or 73 cents per share, a year earlier.

Its net loss from continuing operations was 93 cents per share and its adjusted loss from continuing operations was 43 cents per share.

Revenue tumbled to $769.6 million from $1.01 billion a year earlier. (Reporting by Martinne Geller; Editing by Derek Caney)

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