Thursday, Dec. 18, 2003

Juicy Couture's $50 Million Sale to Liz Claiborne

The story is a familiar one: two T-shirt designers from L.A. create a product so hot even Jennifer Lopez knocks it off. Then they go to Paris and vamp around at the couture. Before you know it they're selling the business and talking about new lines for handbags, perfume, and makeup. It's called empire building, Hollywood-style.