8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 17, 2008 (October 13, 2008)

LIZ CLAIBORNE, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-10689	13-2842791
(State or other	(Commission file	(I.R.S. Employer
jurisdiction of	number)	Identification No.)
incorporation)

1441 Broadway, New York, New York, 10018

(Address of Principal Executive Offices)

Registrant’s Telephone Number, Including Area Code: (212) 354-4900

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS;
COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

Liz Claiborne, Inc. (the “Company”) is filing this Current Report on Form 8-K to report that Michael Scarpa, Chief Operating Officer, will leave the company effective November 30, 2008.   In addition to the compensation and benefits to which he is entitled pursuant to the Executive Severance Agreement dated March 1, 2006 between the Company and Mr. Scarpa, Mr. Scarpa will receive a grant of 18,500 restricted shares of Company common stock, which will vest one year from the grant date, subject to forfeiture.

In addition, Andrew Warren, the Company’s Chief Financial Officer, has added the title of Executive Vice President. In connection with this promotion, the Compensation Committee of the Company’s Board Of Directors approved an increase in Mr. Warren’s annual salary from $575,000 to $700,000.

The press release announcing these matters (which is attached hereto as Exhibit 99.1) is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(c) Exhibits

Exhibit No.	Description
99.1	Press Release

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	LIZ CLAIBORNE, INC.
Dated: October 17, 2008	By:	/s/ Nicholas Rubino
	Name:		Nicholas Rubino
	Title:		Vice President – General Counsel and Secretary

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE
CONTACT:	Jane Randel
	212-626-3408
	Jane_Randel@liz.com

CHIEF OPERATING OFFICER MICHAEL SCARPA
DEPARTS FROM LIZ CLAIBORNE INC.

Andy Warren Promoted to Executive Vice President

New York, NY, October 17, 2008: Liz Claiborne Inc. today announced that Michael Scarpa, Chief Operating Officer, will leave the company effective November 30, 2008. Additionally, Andy Warren is being promoted to Executive Vice President, Chief Financial Officer.

Mr. Scarpa will not be replaced. Rather his responsibilities will be divided among the senior management team. As Executive Vice President, Mr. Warren will add Logistics, Information Systems, Financial Operations, Special Sales, Distribution and Liz Claiborne Canada to his current role. Manufacturing and Sourcing will report directly to William L. McComb, Chief Executive Officer, Liz Claiborne Inc.

Commenting on the announcement, Mr. McComb said: “Mike has made many significant contributions to this company in his more than 25 years here. Throughout his career, it has been his multitude of skills and personal credibility that have contributed to his great success. Mike’s help in guiding Liz Claiborne through its brand-centric reorganization – an all encompassing transition that has left no area untouched – has been invaluable. With our major structural changes all but complete and key players installed in critical roles, we mutually agreed that now was the appropriate time for him to move on. We wish him well in his future endeavors.”

Liz Claiborne Inc. designs and markets a global portfolio of retail-based premium brands including Kate Spade, Juicy Couture, Lucky Brand and Mexx. The Company also has a refined group of department store-based brands with strong consumer franchises including the Liz Claiborne and Monet families of brands, Enyce, Kensie, Mac & Jac and the licensed DKNY Jeans Group. For more information visit www.lizclaiborneinc.com.

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