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Liz Claiborne earnings and Sales Increase

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By: TOM BRANNA

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Liz Claiborne Inc. reported second-quarter per share earnings rose 6.9% on a 9.9% sales increase despite the slowing economy and difficult retail environment. The New York-based company, whose brands include Liz Claiborne, Crazy Horse, Elisabeth and Dana Buchman, reported second-quarter earnings rose to $32.5 million. Sales advanced to $727.0 million.Paul Charron, chairman and chief executive officer, said he remains optimistic that for the year, Liz Claiborne can achieve a 12.5-14.5% sales incr...

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