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Liz Claiborne Savings Plan - CLAIBORNE LIZ INC - 4-1-1999

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					Exhibit 10(e)(vi) AMENDMENT NO. 9 TO THE LIZ CLAIBORNE SAVINGS PLAN (As Amended and Restated Effective January 1, 1987) The Liz Claiborne Savings Plan as amended and restated effective January 1, 1987 (the "Plan") is hereby further amended effective January 1, 1998 in the following respects:
(1) Section 8.3 is restated to read as follows:

"8.3 Payment Medium. The vested balance of a Member's Accounts shall be paid by (a) allocating all or a part of his Accounts' balances to the Company Stock Fund as of the Valuation Date established for distribution thereof in accordance with the provisions of Article IX, and (b) distributing the number of shares of Company stock then held in the Trust for his Accounts equal to the portion of his Accounts to be distributed to him; provided, that the Member may request that his Accounts be distributed, in whole or in part, in cash. Notwithstanding the foregoing, if the value of a Member's vested interest in his Accounts does not exceed (and did not exceed at the time of any prior distribution under the Plan) $5,000 ($3,500 if prior to January 1, 1998) (including, if applicable, a value equal to zero), such Member's distribution shall be paid in cash except as the Committee shall otherwise direct; provided, that the Member may request that his Accounts be distributed, in whole or in part, in shares of Company stock. If distribution is to be made in cash in respect of any portion of a Member's interest in the Trust Fund represented by Company stock, such Company stock shall be converted into its cash equivalent based on the value of Company stock as of the Valuation Date established for distribution thereof." (2) That portion of Section 9.1 that follows the subparagraph entitled "Option IV" is restated to read as follows: "Notwithstanding the foregoing, (a) if the value of a Member's vested interest in his Accounts does not exceed (and did not exceed at the time of any prior distribution under the Plan) $5,000 ($3,500 if prior to January 1, 1998) (including, if applicable, a value equal to zero), Option I applies, (b) if no timely election of Option I, II or III is received, and the value of a Member's vested interest in his Accounts exceeds (or exceeded at the time of any prior distribution under the Plan) $5,000 ($3,500 if prior to January 1, 1998),

Option IV applies, and (c) if no timely election of Option III applies, distribution upon death (whether before or after termination of employment for any other reason) shall be made in a single payment as soon as administratively practicable after the Valuation Date coincident with or next following the date of death. If the Beneficiary is the Member's spouse, distribution shall be made or begin within 90 days after the Member's death if reasonably practicable and otherwise as soon as practicable. If the Member had attained his Normal Retirement Date prior to his death, distribution shall be made or begin not later than 60 days following the close of the Plan Year in which his death occurs. Any amount credited to the deceased Participant's Accounts as of the last day of the Plan Year in which he dies shall be distributed to his

Option IV applies, and (c) if no timely election of Option III applies, distribution upon death (whether before or after termination of employment for any other reason) shall be made in a single payment as soon as administratively practicable after the Valuation Date coincident with or next following the date of death. If the Beneficiary is the Member's spouse, distribution shall be made or begin within 90 days after the Member's death if reasonably practicable and otherwise as soon as practicable. If the Member had attained his Normal Retirement Date prior to his death, distribution shall be made or begin not later than 60 days following the close of the Plan Year in which his death occurs. Any amount credited to the deceased Participant's Accounts as of the last day of the Plan Year in which he dies shall be distributed to his Beneficiary, or included in the amounts being distributed under Option III, as soon as practicable. No withdrawals under Article VII may be made from any Accounts continued in the Trust Fund following a Member's Termination of Employment. Any amount distributable under Option II, III or IV of this Article IX shall be held in the Member's Accounts until distribution, and until distributed such Accounts shall be subject to the periodic revaluation of the Trust Fund described in Article IV. Notwithstanding the foregoing provisions of this Section 9.1, no distributions shall be made during the period July 1, 1994 through September 15, 1994, or such other period of time as shall be determined by the Recordkeeper and approved by the Committee." (3) Section 9.13.3 is restated to read as follows: "9.13.3 Default Procedure. If, upon Termination of Employment, the value of a Member's vested interest in his Accounts does not exceed (and did not exceed at the time of any prior distribution under the Plan) $5,000 ($3,500 if prior to January 1, 1998) and such Member does not make a timely election under Section 9.13 whether or not to directly rollover his distribution from the Plan, such distribution shall be made directly to the Member." IN WITNESS WHEREOF, the Company has caused this instrument to

be executed by its duly authorized officer the 12th day of August, 1998. LIZ CLAIBORNE, INC.
By: /s/ Samuel M. Miller _____________________ ATTEST: /s/ Nicholas J. Rubino ___________________________

2

Exhibit 10(g)(v) AMENDMENT NO. 6 TO THE LIZ CLAIBORNE PROFIT-SHARING RETIREMENT PLAN (As Amended and Restated Effective January 1, 1987) The Liz Claiborne Profit-Sharing Retirement Plan as amended and restated effective January 1, 1987 (the "Plan") is hereby further amended effective January 1, 1998 in the following respects:

Exhibit 10(g)(v) AMENDMENT NO. 6 TO THE LIZ CLAIBORNE PROFIT-SHARING RETIREMENT PLAN (As Amended and Restated Effective January 1, 1987) The Liz Claiborne Profit-Sharing Retirement Plan as amended and restated effective January 1, 1987 (the "Plan") is hereby further amended effective January 1, 1998 in the following respects: (1) Section 7.4 is restated to read as follows: "7.4 Small Benefits. Notwithstanding the preceding provisions of this Article VII, in the event that a Member's employment shall terminate for any reason other than death, and if the vested balance of his Account as of the Valuation Date coincident with or next following the date on which his employment terminates does not exceed (and did not exceed as of the date of any prior distribution to him under the Plan) $5,000 ($3,500 if prior to January 1, 1998) (including, if applicable, a value equal to zero), then such vested balance shall be distributed to him in cash (if the balance is greater than zero) if his employment terminated prior to July 1, 1994, as soon as practicable after such Valuation Date, unless such Member elects to receive such distribution as of any later Valuation Date within the same Plan Year as the year in which his employment terminates, and if his employment terminates on or after July 1, 1994, as soon as practicable after the end of the Plan Year in which his employment terminates, unless such Member elects to receive such distribution as of any earlier Valuation Date coincident with or following the date his employment terminates. Effective for distributions made on or after January 1, 1993, if such a Member does not make a timely election under Section 7.7 whether or not to directly roll over his distribution from the Plan, such distribution shall be made directly to the Member." (2) Section 7.5 is restated to read as follows: "7.5 Limitation on Distribution. Notwithstanding any other provision of this Plan, but subject to Article XII, if a Member's employment terminates and his vested interest under the Plan exceeds (or exceeded as of the date of any prior distribution to him under the Plan) $5,000 ($3,500 if prior to January 1, 1998), such vested interest shall not be "immediately distributed"

(within the meaning of section 411(a)(11) of the Code) without his written consent." (3) Section 8.5 is restated to read as follows: "8.5 Small Benefits. Notwithstanding the preceding provisions of this Article VIII, if the balance of any Distribution Account to be distributed to a Beneficiary does not exceed (and did not exceed as of the date of any prior distribution to him under the Plan) $5,000 ($3,500 if prior to January 1, 1998) such vested balance shall be paid to such Beneficiary in accordance with Section 8.3.1." IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer the 12th day of August, 1998. LIZ CLAIBORNE, INC.
By: /s/ Samuel M. Miller _____________________ ATTEST: /s/ Nicholas J. Rubino ___________________________

(within the meaning of section 411(a)(11) of the Code) without his written consent." (3) Section 8.5 is restated to read as follows: "8.5 Small Benefits. Notwithstanding the preceding provisions of this Article VIII, if the balance of any Distribution Account to be distributed to a Beneficiary does not exceed (and did not exceed as of the date of any prior distribution to him under the Plan) $5,000 ($3,500 if prior to January 1, 1998) such vested balance shall be paid to such Beneficiary in accordance with Section 8.3.1." IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer the 12th day of August, 1998. LIZ CLAIBORNE, INC.
By: /s/ Samuel M. Miller _____________________ ATTEST: /s/ Nicholas J. Rubino ___________________________

2

EXHIBIT 10(i)(i) SUMMARY OF EXTENSION OF THE EXECUTIVE LIABILITY AND INDEMNIFICATION POLICY NO. 8103-53-79G (THE "POLICY") The Policy has been extended to August 11, 2001. The annual premium for the period August 11, 1998 to August 11, 1999 is $273,000.

EXHIBIT 10(j)(i) SUMMARY OF EXTENSION OF THE EXCESS COVERAGE DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY NO. 483-73-56 (THE "POLICY") The Policy has been extended to August 11, 1999. The annual premium for the period August 11, 1998 to August 11, 1999 is $90,000.

EXHIBIT 10(k) DESCRIPTION OF LIZ CLAIBORNE, INC. 1998 SALARIED EMPLOYEE INCENTIVE BONUS PLAN For the 1998 fiscal year, Liz Claiborne, Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon a combination of return on invested operating capital and earnings per share, as measured against pre-established targets, and, as applicable, achievement of targeted levels of divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms

EXHIBIT 10(i)(i) SUMMARY OF EXTENSION OF THE EXECUTIVE LIABILITY AND INDEMNIFICATION POLICY NO. 8103-53-79G (THE "POLICY") The Policy has been extended to August 11, 2001. The annual premium for the period August 11, 1998 to August 11, 1999 is $273,000.

EXHIBIT 10(j)(i) SUMMARY OF EXTENSION OF THE EXCESS COVERAGE DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY NO. 483-73-56 (THE "POLICY") The Policy has been extended to August 11, 1999. The annual premium for the period August 11, 1998 to August 11, 1999 is $90,000.

EXHIBIT 10(k) DESCRIPTION OF LIZ CLAIBORNE, INC. 1998 SALARIED EMPLOYEE INCENTIVE BONUS PLAN For the 1998 fiscal year, Liz Claiborne, Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon a combination of return on invested operating capital and earnings per share, as measured against pre-established targets, and, as applicable, achievement of targeted levels of divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 1999.

Exhibit 10(n)(iii) AMENDMENT TO THE LIZ CLAIBORNE, INC. 1992 STOCK INCENTIVE PLAN WHEREAS, Liz Claiborne, Inc. (the "Company") has adopted the Liz Claiborne, Inc. 1992 Stock Incentive Plan (the "Plan"); WHEREAS, Section 3.1 of the Plan provides that the Plan may be amended by the Board of Directors of the Company (the "Board"); WHEREAS, the Board has determined that it is in the best interests of the Company and its stockholders to amend the Plan, in the manner contemplated below, subject to and effective upon the approval of the amendment by the stockholders of the Company at the 1998 Annual Meeting of Stockholders of the Company, so as to insert limitations called for under Section 162(m) of the Internal Revenue Code; NOW, THEREFORE, the Plan is hereby amended as follows: 1. Section 1.2(a) of the Plan is amended by adding at the end of such Section the following: "To the extent required for compensation realized from awards under the Plan to be deductible by the Company

EXHIBIT 10(j)(i) SUMMARY OF EXTENSION OF THE EXCESS COVERAGE DIRECTORS AND OFFICERS LIABILITY INSURANCE POLICY NO. 483-73-56 (THE "POLICY") The Policy has been extended to August 11, 1999. The annual premium for the period August 11, 1998 to August 11, 1999 is $90,000.

EXHIBIT 10(k) DESCRIPTION OF LIZ CLAIBORNE, INC. 1998 SALARIED EMPLOYEE INCENTIVE BONUS PLAN For the 1998 fiscal year, Liz Claiborne, Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon a combination of return on invested operating capital and earnings per share, as measured against pre-established targets, and, as applicable, achievement of targeted levels of divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 1999.

Exhibit 10(n)(iii) AMENDMENT TO THE LIZ CLAIBORNE, INC. 1992 STOCK INCENTIVE PLAN WHEREAS, Liz Claiborne, Inc. (the "Company") has adopted the Liz Claiborne, Inc. 1992 Stock Incentive Plan (the "Plan"); WHEREAS, Section 3.1 of the Plan provides that the Plan may be amended by the Board of Directors of the Company (the "Board"); WHEREAS, the Board has determined that it is in the best interests of the Company and its stockholders to amend the Plan, in the manner contemplated below, subject to and effective upon the approval of the amendment by the stockholders of the Company at the 1998 Annual Meeting of Stockholders of the Company, so as to insert limitations called for under Section 162(m) of the Internal Revenue Code; NOW, THEREFORE, the Plan is hereby amended as follows: 1. Section 1.2(a) of the Plan is amended by adding at the end of such Section the following: "To the extent required for compensation realized from awards under the Plan to be deductible by the Company pursuant to Section 162(m) of the Internal Revenue Code of 1986, the members of the Committee shall be "outside directors" within the meaning of Section 162(m)." 2. The final sentence of Section 1.5(a) of the Plan is amended to read as follows: "Except for the limit with respect to stock options and stock appreciation rights set forth in Section 1.5(d) and the limit with respect to incentive stock options set forth in Section 2.2(h), no provision of this Plan shall be deemed to limit the number of shares with respect to which the Committee may make awards to any eligible person." 3. A new Section 1.5(d) is added to the Plan to read as follows:

EXHIBIT 10(k) DESCRIPTION OF LIZ CLAIBORNE, INC. 1998 SALARIED EMPLOYEE INCENTIVE BONUS PLAN For the 1998 fiscal year, Liz Claiborne, Inc. maintained a bonus plan for full time salaried employees under which bonuses were earned based upon a combination of return on invested operating capital and earnings per share, as measured against pre-established targets, and, as applicable, achievement of targeted levels of divisional direct operating profit and/or departmental performance considerations and the achievement of individual goals, subject to certain terms and conditions. A similar bonus plan is anticipated for 1999.

Exhibit 10(n)(iii) AMENDMENT TO THE LIZ CLAIBORNE, INC. 1992 STOCK INCENTIVE PLAN WHEREAS, Liz Claiborne, Inc. (the "Company") has adopted the Liz Claiborne, Inc. 1992 Stock Incentive Plan (the "Plan"); WHEREAS, Section 3.1 of the Plan provides that the Plan may be amended by the Board of Directors of the Company (the "Board"); WHEREAS, the Board has determined that it is in the best interests of the Company and its stockholders to amend the Plan, in the manner contemplated below, subject to and effective upon the approval of the amendment by the stockholders of the Company at the 1998 Annual Meeting of Stockholders of the Company, so as to insert limitations called for under Section 162(m) of the Internal Revenue Code; NOW, THEREFORE, the Plan is hereby amended as follows: 1. Section 1.2(a) of the Plan is amended by adding at the end of such Section the following: "To the extent required for compensation realized from awards under the Plan to be deductible by the Company pursuant to Section 162(m) of the Internal Revenue Code of 1986, the members of the Committee shall be "outside directors" within the meaning of Section 162(m)." 2. The final sentence of Section 1.5(a) of the Plan is amended to read as follows: "Except for the limit with respect to stock options and stock appreciation rights set forth in Section 1.5(d) and the limit with respect to incentive stock options set forth in Section 2.2(h), no provision of this Plan shall be deemed to limit the number of shares with respect to which the Committee may make awards to any eligible person." 3. A new Section 1.5(d) is added to the Plan to read as follows: "(d) Subject to adjustment as provided in Section 1.5(b), the total number of shares of Common Stock with respect to which stock options and stock appreciation rights may be granted to any one employee of the Company or a subsidiary during any one calendar year shall not exceed 200,000 shares."

IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer the 14 day of May, 1998. LIZ CLAIBORNE, INC.

Exhibit 10(n)(iii) AMENDMENT TO THE LIZ CLAIBORNE, INC. 1992 STOCK INCENTIVE PLAN WHEREAS, Liz Claiborne, Inc. (the "Company") has adopted the Liz Claiborne, Inc. 1992 Stock Incentive Plan (the "Plan"); WHEREAS, Section 3.1 of the Plan provides that the Plan may be amended by the Board of Directors of the Company (the "Board"); WHEREAS, the Board has determined that it is in the best interests of the Company and its stockholders to amend the Plan, in the manner contemplated below, subject to and effective upon the approval of the amendment by the stockholders of the Company at the 1998 Annual Meeting of Stockholders of the Company, so as to insert limitations called for under Section 162(m) of the Internal Revenue Code; NOW, THEREFORE, the Plan is hereby amended as follows: 1. Section 1.2(a) of the Plan is amended by adding at the end of such Section the following: "To the extent required for compensation realized from awards under the Plan to be deductible by the Company pursuant to Section 162(m) of the Internal Revenue Code of 1986, the members of the Committee shall be "outside directors" within the meaning of Section 162(m)." 2. The final sentence of Section 1.5(a) of the Plan is amended to read as follows: "Except for the limit with respect to stock options and stock appreciation rights set forth in Section 1.5(d) and the limit with respect to incentive stock options set forth in Section 2.2(h), no provision of this Plan shall be deemed to limit the number of shares with respect to which the Committee may make awards to any eligible person." 3. A new Section 1.5(d) is added to the Plan to read as follows: "(d) Subject to adjustment as provided in Section 1.5(b), the total number of shares of Common Stock with respect to which stock options and stock appreciation rights may be granted to any one employee of the Company or a subsidiary during any one calendar year shall not exceed 200,000 shares."

IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer the 14 day of May, 1998. LIZ CLAIBORNE, INC.
By: /s/ Samuel M. Miller

ATTEST:

/s/ Nicholas J. Rubino

EXHIBIT 10(t) DESCRIPTION OF SUPPLEMENTAL LIFE INSURANCE PLANS

IN WITNESS WHEREOF, the Company has caused this instrument to be executed by its duly authorized officer the 14 day of May, 1998. LIZ CLAIBORNE, INC.
By: /s/ Samuel M. Miller

ATTEST:

/s/ Nicholas J. Rubino

EXHIBIT 10(t) DESCRIPTION OF SUPPLEMENTAL LIFE INSURANCE PLANS Vice Presidents of Liz Claiborne, Inc. (the "Company") receive universal life insurance policies which provide coverage equal to two times annual base salary. The Company pays the premiums on each policy during the employment period, enabling the employee to have a portable life insurance policy with a minimal cash surrender value.

EXHIBIT 21 SUBSIDIARIES OF LIZ CLAIBORNE, INC.
Claiborne Limited Liz Claiborne Cosmetics, Inc. Liz Claiborne Accessories, Inc. Liz Claiborne Accessories-Sales, Inc. Liz Claiborne Export, Inc. Liz Claiborne Foreign Holdings, Inc. Liz Claiborne International Limited Liz Claiborne (Israel) Ltd. Liz Claiborne (Italy) Ltd. L. C. Licensing, Inc. Liz Claiborne Sales, Inc. Liz Claiborne-Texas, Inc. LCI Investments, Inc. LCI Holdings, Inc. Liz Claiborne (Canada) Limited Liz Claiborne, S.A. L.C. Caribbean Holdings, Inc. Liz Claiborne Shoes, Inc. L. C. Service Company, Inc. Liz Claiborne Europe Liz Claiborne do Brasil Industria E Comercio Ltda. LC/QL Investments, Inc. L.C. Dyeing, Inc. L.C. Augusta, Inc. Textiles Liz Claiborne Guatemala, S.A. Liz Claiborne (Malaysia) SDN.BHD Liz Claiborne B.V. L.C. Special Markets, Inc. Liz Claiborne Foreign Sales Corporation Liz Claiborne Operations (Israel) 1993 Limited Hong Kong Delaware Delaware Delaware Delaware Delaware Hong Kong Israel Delaware Delaware Delaware Delaware Delaware Delaware Canada Costa Rica Delaware Delaware Delaware U.K. Brazil Delaware Delaware Delaware Guatemala Malaysia Netherlands Delaware US Virgin Islands Israel

EXHIBIT 10(t) DESCRIPTION OF SUPPLEMENTAL LIFE INSURANCE PLANS Vice Presidents of Liz Claiborne, Inc. (the "Company") receive universal life insurance policies which provide coverage equal to two times annual base salary. The Company pays the premiums on each policy during the employment period, enabling the employee to have a portable life insurance policy with a minimal cash surrender value.

EXHIBIT 21 SUBSIDIARIES OF LIZ CLAIBORNE, INC.
Claiborne Limited Liz Claiborne Cosmetics, Inc. Liz Claiborne Accessories, Inc. Liz Claiborne Accessories-Sales, Inc. Liz Claiborne Export, Inc. Liz Claiborne Foreign Holdings, Inc. Liz Claiborne International Limited Liz Claiborne (Israel) Ltd. Liz Claiborne (Italy) Ltd. L. C. Licensing, Inc. Liz Claiborne Sales, Inc. Liz Claiborne-Texas, Inc. LCI Investments, Inc. LCI Holdings, Inc. Liz Claiborne (Canada) Limited Liz Claiborne, S.A. L.C. Caribbean Holdings, Inc. Liz Claiborne Shoes, Inc. L. C. Service Company, Inc. Liz Claiborne Europe Liz Claiborne do Brasil Industria E Comercio Ltda. LC/QL Investments, Inc. L.C. Dyeing, Inc. L.C. Augusta, Inc. Textiles Liz Claiborne Guatemala, S.A. Liz Claiborne (Malaysia) SDN.BHD Liz Claiborne B.V. L.C. Special Markets, Inc. Liz Claiborne Foreign Sales Corporation Liz Claiborne Operations (Israel) 1993 Limited Liz Claiborne GmbH Liz Claiborne De El Salvador, S.A., de C. V. L.C.I. Fragrances, Inc. DB Newco, Inc. LC Libra, LLC. Liz Claiborne Japan, Inc. Segrets, Inc. Hong Kong Delaware Delaware Delaware Delaware Delaware Hong Kong Israel Delaware Delaware Delaware Delaware Delaware Delaware Canada Costa Rica Delaware Delaware Delaware U.K. Brazil Delaware Delaware Delaware Guatemala Malaysia Netherlands Delaware US Virgin Islands Israel Germany El Salvador Delaware Delaware Delaware Delaware Delaware

EXHIBIT 23 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation of our reports included in this Form 10-K, into the Company's previously filed Registration Statements File Nos. 2-77590, 2-95258, 2-33661, 3351257, 033-63859, 333-09851 and 333-48423.

EXHIBIT 21 SUBSIDIARIES OF LIZ CLAIBORNE, INC.
Claiborne Limited Liz Claiborne Cosmetics, Inc. Liz Claiborne Accessories, Inc. Liz Claiborne Accessories-Sales, Inc. Liz Claiborne Export, Inc. Liz Claiborne Foreign Holdings, Inc. Liz Claiborne International Limited Liz Claiborne (Israel) Ltd. Liz Claiborne (Italy) Ltd. L. C. Licensing, Inc. Liz Claiborne Sales, Inc. Liz Claiborne-Texas, Inc. LCI Investments, Inc. LCI Holdings, Inc. Liz Claiborne (Canada) Limited Liz Claiborne, S.A. L.C. Caribbean Holdings, Inc. Liz Claiborne Shoes, Inc. L. C. Service Company, Inc. Liz Claiborne Europe Liz Claiborne do Brasil Industria E Comercio Ltda. LC/QL Investments, Inc. L.C. Dyeing, Inc. L.C. Augusta, Inc. Textiles Liz Claiborne Guatemala, S.A. Liz Claiborne (Malaysia) SDN.BHD Liz Claiborne B.V. L.C. Special Markets, Inc. Liz Claiborne Foreign Sales Corporation Liz Claiborne Operations (Israel) 1993 Limited Liz Claiborne GmbH Liz Claiborne De El Salvador, S.A., de C. V. L.C.I. Fragrances, Inc. DB Newco, Inc. LC Libra, LLC. Liz Claiborne Japan, Inc. Segrets, Inc. Hong Kong Delaware Delaware Delaware Delaware Delaware Hong Kong Israel Delaware Delaware Delaware Delaware Delaware Delaware Canada Costa Rica Delaware Delaware Delaware U.K. Brazil Delaware Delaware Delaware Guatemala Malaysia Netherlands Delaware US Virgin Islands Israel Germany El Salvador Delaware Delaware Delaware Delaware Delaware

EXHIBIT 23 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation of our reports included in this Form 10-K, into the Company's previously filed Registration Statements File Nos. 2-77590, 2-95258, 2-33661, 3351257, 033-63859, 333-09851 and 333-48423.
/s/ Arthur Andersen LLP New York, New York April 1, 1999

ARTICLE 5 MULTIPLIER: 1000

EXHIBIT 23 CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS As independent public accountants, we hereby consent to the incorporation of our reports included in this Form 10-K, into the Company's previously filed Registration Statements File Nos. 2-77590, 2-95258, 2-33661, 3351257, 033-63859, 333-09851 and 333-48423.
/s/ Arthur Andersen LLP New York, New York April 1, 1999

ARTICLE 5 MULTIPLIER: 1000

PERIOD TYPE FISCAL YEAR END PERIOD END CASH SECURITIES RECEIVABLES ALLOWANCES INVENTORY CURRENT ASSETS PP&E DEPRECIATION TOTAL ASSETS CURRENT LIABILITIES BONDS PREFERRED MANDATORY PREFERRED COMMON OTHER SE TOTAL LIABILITY AND EQUITY SALES TOTAL REVENUES CGS TOTAL COSTS OTHER EXPENSES LOSS PROVISION INTEREST EXPENSE INCOME PRETAX INCOME TAX INCOME CONTINUING DISCONTINUED EXTRAORDINARY CHANGES NET INCOME EPS PRIMARY EPS DILUTED
1

YEAR JAN 02 1999 JAN 02 1999 164,659 65,625 252,045 0 475,077 1,075,293 540,419 283,057 1,392,791 363,351 0 0 0 88,219 892,891 1,392,791 2,535,268 2,535,268 1,538,166 1,538,166 739,424 0 480 266,677 97,300 169,377 0 0 0 169,377 2.59 2.57

The earnings per share information has been prepared in accordance with Statement of Financial Accounting Standards No. 128 "Earnings per Share", and the basic and diluted earnings per share have been entered in place of primary and fully diluted, respectively.

EXHIBIT 99 To Be Incorporated By Reference Into Registration Statements on Forms S-8 (File Nos. 2-77590, 2-95258, 2-33661, 33-51257, 033-63859, 333-09851 and 333-48423)

ARTICLE 5 MULTIPLIER: 1000

PERIOD TYPE FISCAL YEAR END PERIOD END CASH SECURITIES RECEIVABLES ALLOWANCES INVENTORY CURRENT ASSETS PP&E DEPRECIATION TOTAL ASSETS CURRENT LIABILITIES BONDS PREFERRED MANDATORY PREFERRED COMMON OTHER SE TOTAL LIABILITY AND EQUITY SALES TOTAL REVENUES CGS TOTAL COSTS OTHER EXPENSES LOSS PROVISION INTEREST EXPENSE INCOME PRETAX INCOME TAX INCOME CONTINUING DISCONTINUED EXTRAORDINARY CHANGES NET INCOME EPS PRIMARY EPS DILUTED
1

YEAR JAN 02 1999 JAN 02 1999 164,659 65,625 252,045 0 475,077 1,075,293 540,419 283,057 1,392,791 363,351 0 0 0 88,219 892,891 1,392,791 2,535,268 2,535,268 1,538,166 1,538,166 739,424 0 480 266,677 97,300 169,377 0 0 0 169,377 2.59 2.57

The earnings per share information has been prepared in accordance with Statement of Financial Accounting Standards No. 128 "Earnings per Share", and the basic and diluted earnings per share have been entered in place of primary and fully diluted, respectively.

EXHIBIT 99 To Be Incorporated By Reference Into Registration Statements on Forms S-8 (File Nos. 2-77590, 2-95258, 2-33661, 33-51257, 033-63859, 333-09851 and 333-48423) UNDERTAKINGS (a) The undersigned registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement. (2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered

EXHIBIT 99 To Be Incorporated By Reference Into Registration Statements on Forms S-8 (File Nos. 2-77590, 2-95258, 2-33661, 33-51257, 033-63859, 333-09851 and 333-48423) UNDERTAKINGS (a) The undersigned registrant hereby undertakes: (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement: (iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement. (2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering. (b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. (h) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.