Liz Claiborne to cut jobs, eyes option for 16 brands
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U.S. apparel company Liz Claiborne Inc.  said on Wednesday that it will cut up to 800 jobs and consider its options for 16 apparel brands under a plan to cut costs.
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U.S. apparel company Liz Claiborne  Inc.  is seeking to divest itself of 16 of its 36  apparel brands, representing $800 million of its $5 billion in  annual revenue, The Wall Street Journal Online reported on  Wednesday.
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Apparel maker Liz Claiborne Inc.   is planning job cuts that could total as much as 10  percent of its workforce, the New York Post reported on its Web  site on Tuesday.
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Apparel retailer Liz Claiborne Inc.  posted lower quarterly profit on Wednesday after charges for restructuring.
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NEW YORK -- Wal-Mart Stores Inc. , the world's largest retailer, set the stage for price wars yesterday as it said it is cutting prices on more than 16,000 items starting this week in a bid to turn around sales for the critical back-to-school season.
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Wal-Mart Stores Inc.  said on  Monday it will drop prices this week on more than 16,000  products across its stores as the world&#39;s largest retailer  tries to reinvigorate sales for the back-to-school shopping  season.
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Confectionery and drinks giant Cadbury Schweppes announces plans to cut 15% of its staff by 2011.
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Morgan Stanley  will slash more than 1,000 jobs in the coming week, trimming costs ahead of what it expects will be a tougher business environment, a person briefed on the moves said on Thursday.
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Colgate-Palmolive Co. , the consumer products giant behind brands like Ajax detergent and Irish Spring soap, plans to cut its worldwide workforce by about 12 percent, or about 4,400 jobs, and close one-third of its factories as part of a four-year plan aimed at boosting its sales and profits. Its stock climbed nearly 8 percent.
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Kimberly Bishop spent 16 years at one job, and then, in midcareer, decided that it was time for a change.
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French designer Christian Lacroix closed a key chapter in his 18-year career on Tuesday as luxury group LVMH said it had sold the loss-making label to a privately held U.S. investment company.
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Talbots Inc.  has hired Liz Claiborne Inc.  President Trudy Sullivan as its new chief executive, the apparel companies said on Friday, sending Talbots shares up 11 percent.
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Circuit City Stores, the second-largest U.S. consumer-electronics chain, said it is cutting about 850 jobs in the United States, on top of 3,400 eliminated in March, as it realigns store management.
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NEW YORK/LOS ANGELES  - Apparel designer Liz Claiborne, who founded a namesake women's sportswear label that grew into a multibillion dollar global empire, has died at age 78, the company said on Wednesday.
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ABC News said Friday that it will cut 35 jobs over the next two years as part of a companywide restructuring that will move more resources into digital news.
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THE REGION Procter &amp; Gamble Co. has eliminated 2,800 positions over the past fiscal year, with more than half coming from Gillette, as a result of P&amp;G's takeover of the Boston shaving firm. P&amp;G's $54 billion acquisition of Gillette is expected to result in an estimated 5,000 job cuts from the combined workforce of about 140,000. Already, Boston has lost ...
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Cadbury Schweppes  is planning  to move out of its expensive central London offices as part of  a cost-cutting drive that will be announced on June 19, a  source familiar with the matter said on Friday.