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Liz Claiborne to sell prAna assets to prAna Living
02 Feb '08
2 min read
William McComb, Chief Executive Officer of Liz Claiborne Inc, commented, "We were pleased with the interest that prAna generated with potential buyers. Steelpoint is the right partner to help prAna realize its potential and flourish as a brand."
Liz Claiborne Inc. has concluded the strategic reviews of 13 of the 16 brands it had placed under review. The strategic review of the remaining brands -- Ellen Tracy, Kensie, and Mac & Jac -- is on schedule to be completed by the end of the first quarter of 2008.
Liz Claiborne Inc. has concluded the strategic reviews of 13 of the 16 brands it had placed under review. The strategic review of the remaining brands -- Ellen Tracy, Kensie, and Mac & Jac -- is on schedule to be completed by the end of the first quarter of 2008.
Liz Claiborne Inc
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