It Gets Juicy
The two California women who founded Juicy Couture and then sold it to Liz Claiborne Inc. in 2003 reportedly have left the company. In a New York Post story, Gela Nash-Taylor and Pamela Skaist-Levy said they wanted to work on other projects now that they have been with Liz Claiborne for seven years. They stepped down as co-presidents in 2008 to become creative directors until their decision to leave the New York apparel behemoth, whose other labels include Kate Spade, Lucky Brand Jeans and Mexx. Liz Claiborne announced internally on Jan. 4 that the California duo was leaving but would be retained as consultants. Juicy Couture has long been considered Liz’s star brand and had several licensing deals for such things as perfume, shoes and handbags. Like the other labels in the Liz Claiborne stable, Juicy’s revenues were down in 2009. For the nine months ended Oct. 3, the label’s net sales were $376 million, a 13 percent decrease compared with 2008.
