Jones Apparel Group

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Sycamore Taking Jones Group Private

The Jones Group Inc. and Sycamore Partners today announced that they have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for $15.00 per share in cash, or a total of approximately $1.2 billion. The transaction is valued at approximately $2.2 billion, including net debt. Upon completion of the transaction, The Jones Group will become a privately held company.
 
 Read the fashion blog post on Apparel Search about
The Jones Group Going Private.

Nine West, a division of The Jones Group (NYSE: JNY) ("Jones"), looked no further than Decades store founder and vintage connoisseur, Cameron Silver and Nine West's Contributing Style Director and former Shopbop Fashion Director Kate Ciepluch, to create their latest Shoelaboration inspired by 80's punk. Shoelaborations™ is a collaborative platform celebrating fashion, design, music and pop culture through creative partnerships with unique artistic talents.

Jones Continues To Enhance Management Team with Leading Talent

The Jones Group Inc. today announced the promotion of Cynthia DiPietrantonio to Chief Operating Officer, effective immediately.  In this expanded role, Ms. DiPietrantonio will oversee production in The Jones Group's overseas facilities, including its production offices in China and Hong Kong, in addition to her current responsibilities overseeing the day-to-day operations of the Company. Ms. DiPietrantonio, the senior-most operations executive, has been with The Jones Group in several capacities over the past 30 years, most recently as Chief Operations Officer.  She will continue to report to Wesley R. Card, Chief Executive Officer of The Jones Group. 

The New Store Houses the Largest Collection of Brian Atwood Product in the World

Brian Atwood, a division of The Jones Group Inc. (NYSE: JNY), announces the opening of its first flagship store at 655 Madison Avenue, at East 60th Street, in New York City. The store, designed by William Sofield of Studio Sofield, in collaboration with designer Brian Atwood, spans 1500 square feet of retail space and houses the largest selection of Brian Atwood product in the world.

The Jones Group Inc. ("Jones," the "Company") (NYSE: JNY) today announced that it has appointed Kathy Nedorostek to the newly created position of Group President, Global Footwear and Accessories, effective mid-October. This addition furthers the Company's commitment to retain and recruit top talent to establish the leading portfolio of fashion brands in the industry. Nedorostek will oversee the continued growth and expansion of footwear, handbags and jewelry for The Jones Group.

Jones Apparel Expands Executive Bench as Part of Company Expansion

Stuart Weitzman announced that it has expanded its executive bench with the promotion of Wayne Kulkin to the newly created position of Vice Chairman, effective immediately.  Mr. Kulkin was formerly President and will continue to report to Stuart Weitzman, Executive Chairman of Stuart Weitzman.

Nine West Partners with Nigel Barker, Chrissy Teigen, Elsa Hosk & Fiat

Nine West, a division of The Jones Group, continues to step out to raise funds and awareness for Fashion Targets Breast Cancer (FTBC), The Council of Fashion Designers of America's (CFDA) charitable organization, through the Nine West Runway Relief Program in New York City during Spring/Summer 2013 Fashion Week. The program, which is now in its third year, aims to marshal the forces of the fashion and modeling industries to step up for a cause. Since the creation of QVC Presents "FFANY Shoes on Sale" in 1994, Nine West has been committed to raising funds for breast cancer awareness and prevention.

Company Recruits Leading Talent to Support Design-Led Innovation Across All Brands

The Jones Group Inc. today announced that it has named George Sharp Executive Vice President of Design, a newly created position. Mr. Sharp will report to Stefani Greenfield, Chief Creative Officer, and will work across all brands.

The Jones Group Inc. (NYSE: JNY; the "Company") today reported results for the first quarter ended March 31, 2012.  Revenues for the first quarter of 2012 were $936 million, as compared with $961 million for the first quarter of 2011.     
The Robert Rodriguez division of The Jones Group Inc. (NYSE: JNY), today announced the launch of a new collection by Robert Rodriguez, the Chief Designer of the division. Robert Rodriguez Edition is a contemporary capsule collection designed to complete a woman's wardrobe and lifestyle. Creating key pieces to build a woman's essential wardrobe, Rodriguez went beyond basics when designing this collection. Edition is the ultimate, on-going series of iconic items women need in their lives.
The Jones Group today announced that it has entered into an exclusive, worldwide license agreement with Marchon Eyewear, Inc. ("Marchon") for the creation, production, marketing and global distribution of ophthalmic eyewear frames and prescription-ready sunglasses under the Nine West brand.  Marchon is known worldwide as a premier manufacturer and marketer of ophthalmic eyewear and sunwear.

Nine West, a division of The Jones Group, is taking the next step in New York City for Spring/Summer 2012 Fashion Week to continue to raise funds and awareness for Fashion Targets Breast Cancer (FTBC), The Council of Fashion Designers of America's (CFDA) charitable organization, through the Nine West Runway Relief Program. The program, which is now in its second year, aims to marshal the forces of the fashion and modeling industries to step out for a cause. Since the creation of QVC Presents FFANY Shoes on Sale in 1994, Nine West has been committed to raising funds for breast cancer awareness and prevention.

The Jones Group Inc. today announced that it has acquired Kurt Geiger, Europe's largest luxury shoe retailer based in the United Kingdom, from Graphite Capital, a leading UK mid-market private equity firm, for approximately $350 million (or 215 million pounds Sterling) in cash, inclusive of debt acquired.  The transaction, which was financed with cash on hand, is expected to be immediately accretive to earnings per share, exclusive of any required purchase accounting adjustments.

Nine West, a division of The Jones Group Inc. (NYSE: JNY), today announced the introduction of its "Shoelaborations(TM)" collection with renowned designer Giles Deacon. Shoelaborations(TM) is a creative platform that seeks talented individuals doing original work in their unique artistic areas and gives them the opportunity to collaborate with Nine West on a rotating basis.
Space Designed by World Renowned Installation Artist Sebastien L. Agneessens

The B Brian Atwood Showroom has opened in New York City's Meatpacking District.  The opening of the showroom brings the launch of Brian Atwood's highly anticipated new contemporary line, B Brian Atwood, one step closer to fruition.

The Jones Group Inc. today announced that it has appointed Sally Ross Executive Vice President of Merchandising for Nine West Direct, effective immediately.  This addition further enhances the Company's in-house talent consistent with its commitment to establishing the leading portfolio of fashion brands in the industry.  Ms. Ross' focus will be on leading the merchandise initiatives for Nine West Retail, Nine West Outlet and NineWest.com, and she will report directly to Ron Offir, President, Jones Direct Group.

ShoelaborationsNine West, a division of The Jones Group Inc. (NYSE: JNY), announces the launch of “Shoelaborations™,” a creative platform that seeks talented individuals doing original work in their unique artistic areas and allows them the opportunity to collaborate on a rotating basis with Nine West. Through this collaboration, Nine West will be able to bring the visions of these choice international trendsetters, artists and designers to consumers worldwide.

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