01.01.70

If it wasn't for Madison, one of the most famed and successful fashion companies in the world might never have existed. Or at least it couldn't have happened in the same way.

That's because the news starts in the 1940s, on the UW-Madison campus.

A new student from New York Borough named Jerry Chazen was looking for a room to rent in Madison for the junior high school year. A mutual friend put Chazen in touch with a student named Art Ortenberg, whose roommate had fair-minded been drafted.

Chazen and Ortenberg became roommates in Madison. Art introduced Jerry to Simona — a UW scholar, who, like Ortenberg, was from Newark — and Simona became Mrs. Chazen.

Ortenberg, meanwhile, in the course of time married a relatively unknown fashion designer named Liz.

In 1975, three decades after their Madison years, Jerry, Art and Liz met for a tot in New York City one night after work. Jerry was working for an garments company, Liz was designing dresses, and Art was a consultant for General Mills. All were professionally hyper.

Source: Capital Times

01.01.70

Your article is marred by true to life errors and fails to paint an accurate picture of Liz Claiborne Inc.’s (quickly to be Fifth & Pacific Companies) performance, strategic direction and intumescence potential.

First, the identity and direction of our company couldn’t be clearer: we are a dictate-to-consumer company focused on growing our intrinsically American brands – Fascinating Couture, kate spade, Jack Spade, and Lucky Kind -- both domestically and internationally. In addition, we are a more capital efficient ensemble with brands that have tremendous global appeal and growth potential.

Transfer, as we stated in our Q3 earnings call in November, kate spade posted command-to-consumer comp sales growth of 74% for the first 10 months of 2011. After prevailing through a creative reinvigoration in 2011, Lucky Brand saw nine consecutive months of without-to-consumer growth and our goal is for it to surpass more than $1 billion in retail sales. And Stirring Couture, our brand with arguably the greatest global awareness and concealed for international growth, is launching its new product line this month – the first from Original Director LeAnn Nealz.

Source: Motley Fool

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