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In 1980, Liz Claiborne Accessories was founded through employee Nina McLemore (who decades later would launch a label of her own, in 2001). [9] Liz Claiborne Inc. went public in 1981 and made the Fortune 500 list in 1986 with retail sales of $1.2 billion. [7]
Kate Spade & Company, initially known as Liz Claiborne Inc. (founded in 1976 in Manhattan), and then as Fifth & Pacific Companies, Inc. (from 2012 to 2014), is a fashion company that designs and markets a range of women's and men's apparel, accessories and fragrance products under the Kate Spade New York and Jack Spade labels.
In November 2006, apparel giant Liz Claiborne Inc. bought Kate Spade for $124 million from Neiman Marcus Group. [13] Andy Spade was initially in charge of company operations, but, in 2007 after the sale of the company, operational control was turned over to Liz Claiborne. Kate Spade expanded their retail stores to include Kate Spade New York ...
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In 1976, he co founded Liz Claiborne Inc with Liz Claiborne, her husband Art Ortenberg, and Leonard Boxer. Chazen was initially in charge of direct marketing operations. [7] When Liz Claiborne retired from the company in 1989, Chazen was named Chairman of the company and also served as CEO. He was named chair emeritus upon his retirement in 1996.