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Liz Claiborne Inc closes sale of PrAna

05
Apr '08
Liz Claiborne Inc announced that it has completed the previously announced sale of substantially all of the assets and liabilities of prAna to prAna Living, LLC, a company formed by prAna's management team and Steelpoint Capital Partners ("Steelpoint").

To ensure a smooth and orderly transition for retail partners, vendors and employees, Liz Claiborne Inc has agreed to provide certain transition services to prAna Living LLC.

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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