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LIZ CLAIBORNE INC. TO RECORD A ONE-TIME CHARGE OF 4 CENTS PER SHARE IN FOURTH QUARTER OF 1991

           LIZ CLAIBORNE INC. TO RECORD A ONE-TIME CHARGE OF
              4 CENTS PER SHARE IN FOURTH QUARTER OF 1991
    NEW YORK, Jan. 30 /PRNewswire/ -- Samuel M. Miller, chief financial officer of Liz Claiborne, Inc. (NYSE: LIZ), said today that as a result of the Chapter 11 bankruptcy filing of R.H. Macy Co., Inc., Liz Claiborne will record a one-time charge of $0.04 per share in the fourth quarter of 1991.
    Miller additionally stated that Liz Claiborne continues to be a strong supporter of Macy's management and expects to resume shipping to Macy's now that the interim debtor-in-possession financing has been approved by the court.
    -0-          1/30/92
    /CONTACT:  Samuel M. Miller, senior vice president of Liz Claiborne, 212-354-4900/
    (LIZ) CO:  Liz Claiborne, Inc.; R.H. Macy Co., Inc. ST:  New York IN:  REA SU: SM-OS -- NY109 -- 5429 01/30/92 16:21 EST
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Publication:PR Newswire
Date:Jan 30, 1992
Words:145
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