The Jones Group news and archive

Kurt Geiger continues to expand as luxury footwear sales increase

Luxury footwear label Kurt Geiger has its sight set on international expansion, with the brand set to add a London flagship store to its roster by next year, following a boost in sales during its third quarter. The premium British label revealed a 13 percent increase in like-for-like sales for the seven months to September 30, despite the...

Fashion

Brian Atwood enters into "strategic partnership" with Steve Madden

Footwear mogul Steve Madden and luxury footwear designer Brian Atwood are teaming up to acquire the intellectual property and related assets for Atwood’s eponymous collection and contemporary sub-brand B Brian Atwood from The Jones Group. The strategic partnership means that Atwood can buy back his designer business, which has been under The...

Fashion

The Jones Group 2013 revenues reach 3,798 million dollars

REPORT_ The Jones Group reported results for the fourth quarter and year ended December 31, 2013. Revenues for the fourth quarter of 2013 were 889 million dollars compared with 972 million dollars for the fourth quarter of 2012. Revenues for the full year 2013 were 3,765 million dollars compared with 3,798 million dollars for the full year 2012....

Design

Sycamore Partners acquires The Jones Group

The Jones Group and Sycamore Partners have announced that they have entered into a definitive agreement pursuant to which affiliates of Sycamore Partners will acquire The Jones Group for 15 dollars per share in cash, or a total of approximately 1.2 billion dollars. The transaction is valued at approximately 2.2 billion dollars, including net...

Design

The Jones Group Q3 revenues reach 1022 million dollars

REPORT_ For the third quarter of 2013 The Jones Group revenues were 1,022 million dollars as compared with 1,035 million dollars for the third quarter of 2012. The company reported earnings per share of 0.38 dollars for the third quarter of 2013 as compared with earnings per share of 0.22 dollars for the same period in 2012. The Jones Group is...

Design

Brian Atwood opens first flagship store

Luxury footwear label Brian Atwood, a division of The Jones Group, has opened its first flagship store on Madison Avenue, New York. The store, designed by William Sofield of Studio Sofield, in collaboration with designer Brian Atwood, spans 1,500 square feet and houses the largest selection of Brian Atwood product in the world. There are three...

Design

Jones Group appoints group president

American retailer The Jones Group has named Kathy Nedorostek as group president of its global footwear and accessories division. The newly created position is effective from mid-October and is part of the groups continued growth and expansion of the company’s footwear and accessories brands and categories. In her new role, Nedorostek will...

Design

Jones Group sets its sights on international growth

American retailer the Jones Group has appointed Scott Bowman as Group President of Global Retail and International Development, an appointment aimed at expanding the international growth of the firm. In the newly created role, Bowman will oversee a recently established international division, as well as the existing retail and licensing...

Design

Jones Group appoints George Sharp

The Jones Group has appointed George Sharp to the newly created position of Executive Vice President of Design, in a significant move to boost the company’s design ranks. Sharp joins the apparel firm from St. John where he was the Creative Director and Executive Vice President of Design, overseeing every aspect of the brand's creative direction...

Design

Jones Q1 revenue is $936 mn

New York based The Jones Group Inc 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 company reported adjusted earnings per share of $0.31 for the first quarter of 2012 as compared with adjusted earnings per share...

Design

Jones confirms Delta Galil talks

Apparel maker Jones Group Inc. confirmed that they are in discussions with Israeli vendor Delta Galil Industries Ltd., regarding the potential sale of its jeanswear division. The potential sale of Jones’ jeanswear division is estimated to be between $350 and $400 million, subject to change depending upon the level of net working capital and...

Fashion

Jones Group put on Kurt Geiger heels for £213m

Jones Group Inc said it had acquired upscale British shoe retailer Kurt Geiger from private equity firm Graphite Capital. The modern Cinderella group will put on the British coveted shoes for £213m. According to a statement issued by the U.S. fashion giant - that manages 35 brands including Nine West and Stuart Weitzman, this operation chases an...