Liz Claiborne which became Fifth & Pacific Companies Inc.(NYSE: FNP) on May 15, 2012, is a fashion company founded in New York City that designed and marketed a wide range of women’s and men’s apparel, accessories and fragrance products. Founded in 1976 by Liz Claiborne, Art Ortenberg, Leonard Boxer, and Jerome Chazen. It was an immediate success with sales of $2 million in 1976 and $23 million in 1978. In 1980, Nina McLemore founded Liz Claiborne Accessories.On May 15, 2012, Liz Claiborne Inc. officially became Fifth & Pacific, Inc. and shifted focus to three brands – Juicy Couture, kate spade, and Lucky Brand Jeans. Liz Claiborne is a popular brand in Dubai with presence in all major shopping malls in Dubai.
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