<ARTICLE> 5 <CIK> 0000352363 <NAME> LIZ CLAIBORNE, INC. <MULTIPLIER> 1000 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JAN-03-1998 <PERIOD-END> JAN-03-1998 <CASH> 138,185 <SECURITIES> 221,343 <RECEIVABLES> 181,303 <ALLOWANCES> 0 <INVENTORY> 396,349 <CURRENT-ASSETS> 1,057,420 <PP&E> 470,177 <DEPRECIATION> 255,553 <TOTAL-ASSETS> 1,305,285 <CURRENT-LIABILITIES> 327,657 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 88,219 <OTHER-SE> 833,408 <TOTAL-LIABILITY-AND-EQUITY> 1,305,285 <SALES> 2,412,601 <TOTAL-REVENUES> 2,412,601 <CGS> 1,442,943 <TOTAL-COSTS> 1,442,943 <OTHER-EXPENSES> 692,363 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 278 <INCOME-PRETAX> 293,144 <INCOME-TAX> 108,500 <INCOME-CONTINUING> 184,644 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 184,644 <EPS-PRIMARY> 2.65 <EPS-DILUTED> 2.63