Liz Claiborne Eyes 340 Stores This Year

(Ian Ritter is national online editor for GlobeSt.com/RETAIL.)

NEW YORK CITY-Liz Claiborne has expanded its specialty retail chains this year, and executives plan to do the same in 2006, adding 100 new units. The apparel giant, which currently operates 283 specialty units in various chains, plans to have retail stores eventually make up 35% of its total sales, up from the current level of 24%.

By year’s end, Liz Claiborne executives expect their combined chains to grow to 340 total units. By the end of the year officials plan 20 new stores in its Lucky Brand Jeans chain, as well as 20 for Sigrid Olsen, 12 new Elisabeths and four Mexx stores. They also forecast a total of 32 new outlet stores in North America and Europe.