The Jones Group
 | |
 Jones New York store, Tower City Center, Cleveland, Ohio | |
| Private | |
| Industry | Fashion |
| Founder | Sidney Kimmel |
| Headquarters | New York City, USA |
Key people | Wesley Card (CEO) |
| Owner | Sycamore Partners |
Number of employees | 6,000 |
The Jones Group, Inc. (formerly Jones Apparel Group), a company with over 6,000 employees, is an American designer, marketer and wholesaler of branded clothing, shoes and accessories.
Operations
The Jones Group headquarters are in New York City.[1] 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.
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.
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.
In December 2013, Sycamore Partners, which is managed by Stefan L. Kaluzny, purchased the Jones Group for about USD $2.2 billion.[2][3] Wesley Card is the CEO of The Jones Group.[3]
Brands
The Jones Group’s brands include:
- Designer
- B Brian Atwood
- Kurt Geiger
- Stuart Weitzman
- Contemporary
- Robbi + Nikki
- Bridge
- Anne Klein New York
- Boutique 9
- Givenchy Jewelry
- Joan & David
- Judith Jack
- Better: Classic
- AK Anne Klein
- Anne Klein Suit
- Circa Joan & David
- Jones New York
- Kasper
- Better:Fashion/Contemporary
- Enzo Angiolini
- Jessica Simpson Jeanswear
- Nine West
- Mens
- Marc Moto
- Moderate
- Bandolino
- Currants
- Dockers
- Easy Spirit
- Gloria Vanderbilt
- Le Suit
- Mootsies Tootsies
- Nine & Co.
- Pappagallo
- Sam & Libby
- Westies
- Juniors
- Other
- Stuart Weitzman (part owner)
- Napier
- Norton McNaughton
References
- ↑ Jones locations
- ↑ Clark, Evan (19 December 2013). "Sycamore to Buy The Jones Group in $2.2B Deal". WWD. Retrieved 20 December 2013.
- ↑ 3.0 3.1 "Sycamore Completes Acquisition of The Jones Group". WWD. 9 April 2014. Retrieved 9 April 2014.