Jones Apparel Group, Inc., (NYSE: JNY)
a Fortune 500 company, is an
American designer, marketer and wholesaler of
accessories. Although its headquarters are in
Bristol, Pennsylvania, it maintains 4 offices
New York City.
 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
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.
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
In the early 1980s, Jones Apparel offered the sweatsuit
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.
Jones Apparel Group's brands include
Joan & David
Jones New York
Sam & Libby