Liz Claiborne reports net loss : US Business

NEW YORK (Reuters) - Clothing maker Liz Claiborne Inc reported a quarterly net loss on Tuesday, versus a year-earlier profit, hurt by expenses related to exiting some brands and operations that are now discontinued.

The company, whose brands include Juicy Couture, Kate Spade, Lucky Brand and Mexx, posted a net loss of $31.0 million, or 33 cents per share, in the first quarter, ended on April 5, compared to a profit of $16.2 million, or 16 cents per share, a year ago.

The company, which also owns department store brands like Liz Claiborne, Enyce and Narciso Rodriguez, said its loss from continuing operations was 16 cents per share.

Excluding expenses from restructuring, the loss on disposal of discontinued operations and the results of discontinued operations, earnings from continuing operations were 28 cents per share.

(Reporting by Martinne Geller; Editing by Derek Caney)

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