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Liz Expanding Juicy Couture

NEW YORK CITY-The apparel firm continues to roll out its popular women's sportswear chain, as it grows its specialty-retail business.

By Ian Ritter | Updated on July 27, 2006

NEW YORK CITY-Liz Claiborne continues the expansion of its Juicy Couture stores, and plans to grow the chain from its current six units to 16 to 20 by the end of the year. Included in the push this year will be a second store in New York City, as well as locations in San Francisco and Milan.

The push comes as Liz Claiborne focuses less on its wholesale department-store business and concentrates more on its own physical store presence. This year, the company is geared to open 100 new specialty stores worldwide as well as 35 outlet units. “Our business is going to be much more focused on retail as we move forward,” said Michael Scarpa, the company’s chief financial officer, during the company’s second-quarter conference call.

Same-store sales for all 348 of the company’s specialty-retail units, which also include the Elisabeth, Lucky Brand jeans, Mexx and Sigrid Olsen banners, were up 6.3% year over year for the quarter, which ended July 1. During the period Liz Claiborne opened 29 Lucky Brands, 20 Sigrid Olsens, 12 Elisabeths and 5 Juicy Coutures.

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