Liz Claiborne provides for secured asset-based structure

16 Jan '09

4 min read

The adjusted projected results exclude the impact of expenses incurred in connection with the Company's streamlining and brand-exiting activities and non-cash trademark impairment charges. The Company believes that the adjusted projected results represent a more meaningful presentation of its operations and financial performance since these results provide period to period comparisons that are consistent and more easily understood.

The adjusted projected results on a continuing operations basis contained in this press release remain subject to the Company's closing its 2008 books and records, completion of its annual account analysis, including its goodwill and trademark impairment testing, customary tax review, and end of season retailer assistance reconciliation, in addition to having such information audited. Therefore, these results may change.

Liz Claiborne Inc. designs and markets a global portfolio of retail-based premium brands including Kate Spade, Juicy Couture, Lucky Brand and Mexx.

Liz Claiborne Inc

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