New York, NY, February 4, 2011 – Liz Claiborne Inc. (NYSE: LIZ) today announced that Edgar Huber, Chief Executive Officer of Juicy Couture, will be assuming a new position as Executive Vice President of Global Business Development for Liz Claiborne Inc., effective February 14, 2011. He will continue to report to William L. McComb, Chief Executive Officer, Liz Claiborne Inc. LeAnn Nealz, President and Chief Creative Officer, and John DeFalco, Chief Financial Officer and Chief Operations Officer, will jointly manage the Juicy Couture business while the leadership structure for the brand going forward is determined.
Commenting on the announcement, Mr. McComb said: “This move reflects the company's significant opportunities for global expansion of its key brands, including Juicy Couture, Kate Spade, Lucky Brand Jeans and Liz Claiborne. Edgar's considerable experience in global licensing and business development will bring focused oversight to, and accelerate, our international efforts, many underway already, in 2011.”
“Under Edgar’s leadership Juicy Couture saw significant retail and international expansion opening 46 retail stores including four stores in the UK; and entered partnerships in Russia, Brazil, Greece, Spain and the Middle East as well as in travel retail,” Mr. McComb continued. “Now, as Juicy Couture enters the next phase of its growth, we plan to enhance our retail operations and continue its expansion as a lifestyle brand.”