- Jones Apparel Group
Jones Apparel Group, Inc., (nyse|JNY) a
Fortune 500 company, is an American designer, marketer and wholesaler ofbrand edclothing , shoes and accessories. Although its headquarters are inBristol, Pennsylvania , it maintains 4 offices inNew 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 marketscostume jewelry under theGivenchy brand licensed from Givenchy Corporation and footwear under the Dockers Women brand licensed fromLevi Strauss & Co. In 2004 the company purchased luxury department store chainBarneys 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 asChristian 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
NapierNine West Norton McNaughton Sam & Libby External links
* [http://www.jny.com/ Official website]
Wikimedia Foundation. 2010.