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We believe our extensive design and manufacturing capabilities and broad
retailer distribution, coupled with such well-regarded brands, as Liz
Claiborne and Villager are a recipe for tremendous success.(4)

-- Books/Music/Videos are the most popular online purchases, with 55% of
online shoppers buying these items on the Web.com .

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"Shonfeld's understanding of the
giftable product and home decor markets makes them the perfect partner for
extending the Liz Claiborne Home and Villager brands into these areas. Shonfeld's has strived to
create a strong brand name and is currently sold in top department stores and
home decor retailers.(1)

-- Americans plan to spend an average of $211 on Apparel gifts this
holiday season.(2)

What do they buy?

-- Nearly two-thirds of catalog shoppers - 65% - buy apparel from
catalogs. "The DMA 2005 Multichannel Marketing
Report"
(4) Opinion Research Corporation survey for the Direct Marketing
Association, October 6-8, 2005


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About Shonfeld's USA, Inc. Lesneski and Gruen
will oversee the General Merchandise Division at Meijer.

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Rob Atteberry, Vice President of Merchandising, promoted to Vice President
Hardlines.

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We are confident
in this business and see nothing but growth in the coming years.(1 )

How much will they spend?

-- American adults plan to spend a total of $299 billion on holiday
gifts in 2005 - an average of $1,373 per person.

(1) Opinion Research Corporation survey for the Direct Marketing
Association, September 15-17, 2005
(2 ) Direct Marketing Association.
Terry Griffith, Divisional Vice President Hardlines, will assume the role
of Divisional Vice President Merchandising. Ruth brings an
extensive 20 years of experience with world-class companies, such as: Babies
"R" Us, Sam's Club and Costco.

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Friedman,
president of Licensing for Liz Claiborne Inc. In addition to the Drug Store business Lesneski will
provide leadership over traditional Hardlines departments. Atteberry will be responsible for the merchandising growth within
the Hardlines category. Atteberry was most recently Vice President GMM-Home
and Home Electronics at Kmart prior to joining Meijer in the fall of 2004.

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Liz Claiborne Inc. and Shonfeld 's USA Join Forces to Develop Decorative Gift Products Under the Liz Claiborne Home and Villager Brand Names

("Shonfeld's") to design and manufacture decorative gift
products under the Liz Claiborne Home and Villager brand names.
Liz Claiborne Inc. was founded by Boaz Shonfeld in 1995 in New York and
has become a leading producer and marketer of gourmet gift products and home
decor. Other popular items
purchased on the Web: Apparel (48%), Travel Services/Airline Tickets
(47%), Gifts (44%), Electronics/Computers (43%), Tickets/Sports +
Entertainment (33%), Toys + Games (31%), Home Decor or Furniture
(21%), Sporting Goods (19%), Flowers (16%), Pet Supplies (10%), Food
(7%), and Gardening Supplies (6%).

toddler varied


Launched in 2000 , bedding, bath products and table linens round out the
Villager home line. portfolio are available at more than 30,000 points of sale
worldwide. Shonfeld's relocated to California in 2001 and has become one of the
fastest growing companies in the gift and gourmet industries.
Who is buying?

-- More than two-thirds of Americans - 70% - shop from home, buying from
catalogs , over the Internet, over the phone, or through the mail.(1)

-- Men plan to spend $1,515 on gifts, while women plan to spend
$1,240.
With over 8 years experience at Kmart, Atteberry played an intricate role in
building the Martha Stewart brand.
Ruth McCarthy joins Meijer as Vice President Home.


multiples varied


(NYSE: LIZ) today announced that it has reached an agreement in principle with
Shonfeld's USA, Inc.
Launching to the trade in Fall 2006 and at retail in Spring 2007, the
Liz Claiborne Home decorative gift collection will be available at select
specialty retailers and gift stores, with the Villager gift line available at
select national chains. The line
currently includes furniture, flooring, decorative fabric, home storage,
stationery and gift items , table linens, bed and bath products and window
treatments. NEW YORK, According to the Direct Marketing
Association (DMA), Americans plan to spend $299 billion on holiday gifts this
year.

varied decor


Celebrating over 70 years in the retail industry, Meijer, a family owned
and operated foods and general merchandise supercenter retailer operates 163
stores throughout Illinois, Indiana, Kentucky , Michigan and Ohio.

bedding adolescents

org. Love has an
extensive background in health and beauty care/pharmacy merchandising with the
responsibilities for pricing, promotion, and category management.

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For more information visit http://www. Last year
Shonfeld's topped more than $100 Million dollars in retail sales and foresee
continued growth and success in the years to come.(1)

-- Ninety-seven percent of Americans plan to shop for holiday gifts in
2005.(1)

-- An additional 31% of shoppers will finish their gift buying two weeks
before the holiday.(1)

Why do they shop from home or office?

-- Sixty-three percent of shoppers cite convenience as the reason they
shop via catalogs, the Internet, mail, or phone.

birth baby



About Liz Claiborne Inc.

Fun Facts for Holiday Shopping From the Direct Marketing Association

(1) With the holiday shopping season underway, Americans are flocking to
catalogs, the Web, and stores to find items on their holiday gift lists.(1)

-- Seventy-two percent of women shop from the home or office, compared
to 66% of men. Assembles Team for the Future

GRAND RAPIDS, Mich.
Rob Gruen, Group Vice President Softlines, will take on additional
responsibilities and become Group Vice President Softlines/Home. Love is a
registered pharmacist and will be reporting to Tim Lesneski, Group Vice
President, Hardlines + Drug Store.

diapering sexuality

The lines will
include home care and cleaning products, scented candles and home fragrance,
bath and spa items and a baby bath line .
Shonfeld's USA, Inc. DMA
provides the following statistics about how much people are spending , what
they are buying, and how they will do their shopping this season. Other popular catalog purchases include Gifts (40%),
Books/Music/Videos (37%), Home Decor or Furniture (26%), Toys + Games
(24%), Electronics (23%), Sporting Goods (21%), Gardening Supplies
(14%), Food (12%), Flowers (12%), and Pet Supplies (11%).

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"
Boaz Shonfeld, President and CEO of Shonfeld's commented on the
announcement, "We are thrilled about our partnership with Liz Claiborne Inc. Forty -six percent wait until the final week to
complete their shopping, with 23% finishing the day before the
holiday. Lesneski, a
registered pharmacist, has led the health and beauty care/pharmacy business
the past 19 years.

Shopping items related to babies, from birth to throughout the toddler years.

shopping decor

The
Company also markets fragrances for women and men.


(3)

-- The Web will generate nearly $284 billion in sales of all products
and services in 2005, up from $243 billion in 2004.

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"
The Liz Claiborne Home Collection was launched in 2002 with the
introduction of flooring under the Liz Claiborne brand name. Through his 35 years at Meijer ,
Griffith has been instrumental in developing the Foods Division, and in the
past few years, has applied his leadership and experience to enhance the
General Merchandise Division.

reproduction keepsakes

NEW YORK, Liz Claiborne Inc. designs and markets an extensive range of fashion
apparel and accessories for women, men, teens, children and infants. Other popular gifts include Food ($195),
Electronics /Computers ($187), General Gifts ($172), Toys + Games
($149), Home Decor or Furniture ($124 ), Books/Music/Videos ($101),
Sporting Goods ($63), Tickets for Sports/Entertainment ($60 ), Pet
Supplies ($47), Flowers ($35), and Gardening Supplies ($30).shopthenet.
Nat Love, currently Director of Merchandise Planning and Category
Management, will be promoted to Vice President Drug Store.

toddler adolescents

The 41 brands in the
Liz Claiborne Inc.lizclaiborneinc.(1)

-- Men are more likely to procrastinate, with 51% finishing their
shopping the final week compared to 41% of women., Meijer, a Midwest Supercenter
retailer and one of the largest retailers in the country announces promotions
in the merchandising department.

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(3)

For additional information about holiday shopping, and more than 300 links
to catalog and online retailers, visit The DMA's consumer Web site,
http://www. Additional
information regarding the company can also be found on http://Meijer.

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"Giftable products such as scented candles, bath salts and chef's hand
soap extend the Liz Claiborne Home collection into categories that represent
everyday purchase items, allowing Liz Claiborne consumers to pamper themselves
with products that complement the aesthetic of the Liz Claiborne apparel and
home lines that they already know and love," said Barbara J.com .

Meijer Announces Promotions

Gruen has
led improving results in the Softlines Division since joining Meijer in June
2004.
Tim Lesneski, Vice President of Health and Beauty Care/Pharmacy , will be
promoted to Group Vice President, Hardlines + Drug Store.

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(4)

When do they shop?

-- Twenty percent of shoppers plan to buy all of their holiday gifts
before Thanksgiving . Before Meijer, Gruen served as President and CEO of Parisian, the
specialty department store division of Saks, Inc.

baby sexuality

(1)

-- Consumers and businesses will spend $133 billion on catalog purchases
in 2005, an increase from $126 billion last year.(2)

-- The average catalog shopper spent $142 per order in 2004, and
purchased an average of four items per order. Most recently McCarthy was Vice President,
Divisional Merchandise Manager for Babies "R" Us, where she was responsible
for nursery furniture, decor and bedding, along with gifts and toys.

feeding decor

Other reasons for
shopping from home or office include variety (36 percent), to save
money (34 percent), and customer service (20 percent). "US Direct Marketing Today: Economic
Impact 2005"
(3) Direct Marketing Association.

towels breastfeeding

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