Paul Charron, Liz Claiborne’s chief executive, is expected in London next week to develop a new strategy for the UK. The company is looking to expand the presence of some of its 40 existing brands in the UK, as well as buying new fashion labels. The acquisitions will be in the $100 million (£54 million) to $400 million range, according to the company, and it plans several such deals over the next couple of years. Liz Claiborne, which had global sales of $4.8 billion last year, raised €350 million from a bond issue in June. Mr Charron said: “We are looking for acquisitions in Europe, particularly in the UK. There is a number of European brands on our radar. There is some really good fashion and design talent building some interesting brands there.� Analysts believe Liz Claiborne could buy Ted Baker, Diesel and French Connection at the top end of its budget range. Smaller brands that might attract its attention are Reiss, All Saints and Mulberry, because of their unique styles. Liz Claiborne, which owns DKNY Jeans, C&C California and Mexx, has bought several lifestyle brands in recent years to insulate itself from price competition at the lower and mid-end of the retail market.
Click Here: liverpool mens jersey