Kohl's Corporation (KSS) - NYSE
  • Oct. 12, 2011, 8:36 AM

    Liz Clairborne (LIZ) jumps 22.4% premarket after announcing it's selling 4 clothing brands for proceeds of $328M. The company's Liz Clairborne and Monet brands will be sold to J.C. Penney (JCP), and its Dana Buchman brand will be sold to Kohl's (KSS). Liz Clairborne expects the moves to lower its earnings, but to also bring down its net debt to the $270M-$290M range.

    | Oct. 12, 2011, 8:36 AM
Company Description
Kohl's Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. The company's stores offer apparel, footwear and accessories for women, men and children; soft home products, such as... More
Sector: Services
Industry: Department Stores
Country: United States