Moving Forward
People’s Liberation Chief Executive Colin Dyne has been trying hard to turn the company around since he took over last May. The Los Angeles–based company, which makes blue jeans and casualwear, added three new distributors for the William Rast label in Italy, Russia and Scandinavia while replacing its Canadian distributor. In February it launched its William Rast Collection, designed by Swedish designer Johan Lindeberg and his wife, Marcella, through the Lindebergs’ independent design firm, Paris68. William Rast is a label done in conjunction with actor/singer Justin Timberlake. Dyne and his crew hope that 2008 is better than 2007. The company recently announced it had a net loss last year of $768,000 on net sales of $20.3 million. That is slightly better than in 2006, when the company had a net loss of $865,000 on $16 million in net sales.
