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Liz Claiborne Inc. designs and markets a global portfolio of retail-based premium brands including Kate Spade, Juicy Couture, Lucky Brand and Mexx. The Company also has a refined group of department store-based brands with strong consumer franchises including the Monet family of brands, Kensie, Kensiegirl, Mac & Jac, and the licensed DKNY® Jeans Group. The Dana Buchman and Axcess brands are sold exclusively at Kohl’s, and beginning in Fall 2010, the Liz Claiborne and Claiborne brands will be sold exclusively at JCPenney and the Liz Claiborne New York brand designed by Isaac Mizrahi will be available at QVC and at company-owned Liz Claiborne New York outlet stores.
Domestic-Based Direct Brands segment
Comprised of the specialty retail, outlet, wholesale apparel, wholesale non-apparel (including accessories, jewelry and handbags), e-commerce and licensing operations of our three domestic retail-based brands: JUICY COUTURE, KATE SPADE and LUCKY BRAND.
International-Based Direct Brands segment
Currently comprised of the specialty retail, outlet, concession, wholesale apparel, wholesale non-apparel (including accessories, jewelry and handbags), e-commerce and licensing operations of MEXX, our international retail-based brand.
Partnered Brands segment
Comprised of the wholesale apparel, wholesale non-apparel, specialty retail, outlet, e-commerce and licensing operations of our wholesale-based brands including: AXCESS, CLAIBORNE (men’s), CONCEPTS BY CLAIBORNE, DANA BUCHMAN, KENSIE, LIZ & CO., LIZ CLAIBORNE, MAC & JAC, MARVELLA, MONET, TRIFARI and the company’s licensed DKNY® JEANS, DKNY® ACTIVE and DKNY® MENS brands.
The company also presents its results on a geographic basis based on selling location, between Domestic (wholesale customers, licensing, company-owned specialty retail and outlet stores located in the United States and e-commerce sites) and International (wholesale customers, licensing and company-owned specialty retail and outlet stores and concession stores located outside of the United States). We, as licensor, also license to third parties the right to produce and market products bearing certain company-owned trademarks; the resulting royalty income is included within the results of the associated segment.
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