Fashion Industry discussion, review, analysis, news, and information

According to Forbes.com, Liz Claiborne (LIZ) seems to be in the “doghouse” as the company saw a decline in earnings.  Sales are low, so what is the company going to do?  You would think with so many companies under its belt that this fashion empire would be doing well - after all, diversifying your portfolio is supposed to be key in creating a successful business, right?  

Liz Claiborne has been around for over 30 years and my feeling is that the company just needs an image overhaul.  Perhaps its time to focus on their more upscale brands like Sigrid Olsen and create more of a presence with online fashion magazines and editors.  Maybe Liz Claiborne is stuck in the 70’s and 80’s in regards to marketing?  

Any thoughts?