Headlines

Liz, Meet Mac and Jac

Liz Claiborne purchases new subsidiary

Published

18 years ago

January 27, 2006

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Liz Claiborne Inc. (New York) has acquired all the outstanding equity interests in Westcoast Contempo Fashions Ltd. (Santa Monica, Calif.) and Mac & Jac Holdings Ltd. (Vancouver, B.C.), which collectively design, market and sell the mac & jac, kenzie and kenziegirl apparel lines, for around $23.6 million.

The company sells its products primarily through select specialty stores and department stores in both the United States and Canada, including Nordstrom, Macy's, Marshall Field's and Dillard's in the U.S. and Hudson's Bay in Canada. The Company also operates two retail stores under the kenzie name in the U.S., in Seattle and Santa Monica. Also in China, through a joint venture operation, it operates more than 40 retail locations under the mac & jac and kenzie names.

Mac & Jac founders Eric and Lani Karls will continue to lead the company.

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