Jones Apparel Group

Jones Apparel Group, Inc., (nyse|JNY) a Fortune 500 company, is an American designer, marketer and wholesaler of branded clothing, shoes and accessories. Although its headquarters are in Bristol, Pennsylvania, it maintains 4 offices in New York City. [ [http://www.jny.com/contact.jsp?event=contact Jones locations] ] The company also markets directly to consumers through their chain of specialty retail and value-based stores. In addition, it markets costume jewelry under the Givenchy brand licensed from Givenchy Corporation and footwear under the Dockers Women brand licensed from Levi Strauss & Co. In 2004 the company purchased luxury department store chain Barneys New York for $400 million, and sold it in September 2007 to Dubai-based investment firm Istithmar for $942.3 million.

History

In 1970, Sidney Kimmel founded and became President of the Jones Apparel Division of W.R. Grace & Co. Together with Grace accountant Gerard Rubin, Kimmel bought Grace's fashion division in 1975, incorporating it as Jones Apparel Group. Jones expanded quickly by bringing out new labels and licensing others, such as Christian Dior.

In the early 1980s, Jones Apparel offered the sweatsuit fashions of Norma Kamali, and in 1984 they acquired the license for the Gloria Vanderbilt line from Murjani.

In the early 1990s, Jones again took off. The company expanded with new lines, such as Rena Rowan and Jones & Co.

Brands

Jones Apparel Group’s brands include

Albert Nipon

Anne Klein

Bandolino

Easy Spirit

Energie

Enzo Angiolini

Erika

Evan-Picone

Gloria Vanderbilt

Joan & David

Jones New York

Judith Jack

Kasper

l.e.i.

Le Suit

Mootsies Tootsies

Napier

Nine West

Norton McNaughton

Sam & Libby

External links

* [http://www.jny.com/ Official website]


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